2006-06-15 05:12:50 · 4 answers · asked by JLOPE022 1 in Business & Finance ➔ Personal Finance
yes. the rate changes on July 1 every year
2006-06-15 05:17:01 · answer #1 · answered by Richard H 7 · 1⤊ 0⤋
the rule of thumb comes from the federal authorities. Your personal loan is qualified for a particular time period. If that aspect period occurs to commence after July a million then your interest fee might want to be the speed that's in result on the instantaneous...the 6.8% fee. you are able to not artwork round this regulation using the undeniable fact that's a federal statute as to how this works.
2016-11-14 19:43:18 · answer #2 · answered by ? 3 · 0⤊ 0⤋
If I were a betting man, I would bet "yes".
Actually I think you will see a slow rise in interest rates in ever section of the economy. I follow the market, and have developed my own indicators. Most of the things I watch are telling me that inflation would just love to rear it's ugly head. So if anyone is interested in loans, I think they should act sooner, not later.
2006-06-15 05:21:07 · answer #3 · answered by gimpalomg 7 · 0⤊ 0⤋
Yes, but my wife locked in a while ago, you may want to do the same.
2006-06-15 06:56:03 · answer #4 · answered by Nick C 3 · 0⤊ 0⤋