Sentence examples for amount of interest charged from inspiring English sources

In 1984, at the urging of Paul A. Volcker — the Federal Reserve Board chairman at the time and Mr. Solomon's predecessor as the New York Fed president — Mr. Solomon worked to persuade banks to limit the amount of interest charged to financially troubled developing countries.

In some cases, banks allow home loan borrowers to make a partial prepayment of the balance amount so as to reduce the total loan amount and the interest charged on it.

During the crazy times, homeowners could get mortgages that allowed them to pay less than the full amount of interest being charged, with the rest added to the principal.

Lots of banks offered mortgages that allowed borrowers to pay less than the amount of interest being charged, but World was virtually alone in making loans that let the borrower continue to make small payments for a decade, rather than two or three years.

Sources of funds included amount borrowed and interest charged for borrowed amount.

The amount of interest they are charged each year will depend on the amount they earn.

Christopher Swords told BBC News that he would warn anyone not to take out a loan of even £10, after being "baffled" by the amount of interest he was charged.

But just in case you do need to carry a balance over to the next month, you can minimize the amount of interest you're charged by choosing a card with a low APR.

It capped the amount of interest firms can charge so people taking out payday loans will never have to repay more than twice the sum they borrowed.

Unlike credit unions, he is not restricted to serving a limited population, nor is there a cap on the amount of interest he can charge.

In March Georgia's lawmakers passed a bill that would force probationers to disclose their fines and fees, and limit the amount of interest they can charge.