Skip to main content
Message Font: Serif | Sans-Serif
 
No. of Recommendations: 0
Thank you W505a for the response. You are so right, I am terribly confused. I think that I was also taking into account the grace period reduction of .6% and the reduction for direct debit (.25%). What exactly is the formula to calculate the final interest rate?

Thanks,
PR
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.