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On the payment of a penalty as provided by subsection (b), the loan or loan advance, or any portion of the loan or advance, shall be refinanced at the interest rate described in paragraph (2) for a term selected by the borrower pursuant to paragraph (3), except that this paragraph shall not apply if the loan advance, or any portion of the advance, is prepaid by the borrower.
Similar(59)
This is technically correct, but it is already factored into the changes in interest rates described above.
After a wave of political fury was unleashed by a record £290m fine for the bank's attempt to manipulate key interest rates, Agius described himself as the "ultimate guardian of the bank's reputation".
Having served as CFPB's head of enforcement prior to this week, Corday described "outrageous" stories of consumers being hurt by hidden fees and high interest rates, and described instances of unnecessarily aggressive debt collectors following around people for years, leaving them unable to escape bad credit.
While he gave no indication that Fed officials were considering any change in the policy of low interest rates, Mr. Stein described an emerging trend that might require a response if it intensified over the next 18 months, The New York Times's Binyamin Appelbaum writes.
Albayrak's comments come hours after Turkey's President Recep Tayyip Erdogan railed against high interest rates and described the plunge in the country's currency as a foreign "operation".
We assume that the interest rate dynamics are described as in (1.2), (1.3), and (1.4).
James Grant, editor of the eponymous Grant's Interest Rate Observer, recently described himself in the The Wall Street Journal as a "glass half-full kind of fellow".
The effective interest rate attempts to describe the full cost of borrowing.
Uncertainty is assumed for demand and interest rates, which is described by a set of scenarios.
The interest rate for credit cards is described as the APR, or annual percentage rate.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com