What is Deferred Periodic Interest?
Deferred Periodic Interest is interest that accrues daily from the date of purchase at the annual percentage rate (APR) stated in the Purchase Acknowledgement. This interest is not added to the account balance unless the promotional purchase plan defaults. For additional information, please see Account Holder Agreement, section 7, Promotions.
Related Questions
- To conclude, tire monitoring systems are a valuable tool for the driver of a vehicle, but should not eliminate the periodic air pressure check needed to keep tires properly inflated. What do the numbers mean on the sidewall of a tire?
- What amount is retained by the Village if there is no deferred management fees?
- Do HMLs allow interest to be deferred to the end of the loan?
