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Changes to the repayment of university fees appear to put a greater interest repayment load on young women going on to have children.
The solar panel maker failed to repay the bulk of an interest repayment that was due on Friday, as we reported.
So, with an interest of 2.5 per cent, for example, a £150,000 interest-only mortgage would cost £312.50, compared with £678.45 on a capital and interest repayment deal.
There was no sign of a last-minute government rescue for Shanghai Chaori Solar, after the firm failed to repay the bulk of an interest repayment that was due on Friday.
The deals begin on an interest-only basis at a fixed rate for the first three years, automatically converting to capital and interest repayment for the remaining term of the loan, and are available via the banks' 330 branches.
Secondly, an interest-only loan where only the interest on the loan is paid each month, and thirdly a capital and interest repayment loan, which is effectively a mortgage.
Similar(49)
Any delay would mean extra interest repayments.
The company has been steadily losing money and recently missed deadlines for interest repayments.
Greece should be able to balance its budget next year (before interest repayments).
It strips out principal and interest repayments made by poor countries, because a lot of "aid" is in fact low-interest loans, not gifts.
Based on August 2013 trends - the latest available figures - the UK's total interest repayments on personal debt over a 12-month period would have been £59.8bn.
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