Your English writing platform
Discover LudwigExact(5)
Anyone borrowing money through a loan, card, credit agreement, etc, should check out the APR (annual percentage rate).
Its draw is the convenience of the ATMs in Seven-Eleven's 10,000 shops: people can draw cash from their bank account, at IY or elsewhere, or on a loan card.
The incentives for consumers to keep paying the mortgage decrease if properties are worth less than the value of the loan; card debt rises higher up the list of repayment priorities as a result.Card issuers are also able to respond much more swiftly and flexibly to stormier conditions than mortgage lenders are, by changing interest rates or altering credit limits.
Users of the ReservePlus loan card pay themselves an interest rate pegged at the prime rate (currently 5%) plus a service fee of from 2.9% to 3.25% of the outstanding balance, which goes to Bent's firm.
A refund is immediately provided at the time an anonymous On Loan card is returned, unless it has more than HK$500 stored on it.
Similar(55)
In addition, the Federal Reserve and the Treasury have jointly announced a facility that will lend against AAA-rated asset-backed securities collateralized by student loans, auto loans, credit card loans, and loans guaranteed by the Small Business Administration.
At the time, Fed and Treasury officials suggested that they would finance only car loans, credit card loans, student loans and Small Business Administration-guaranteed loans.
A Personalised On-Loan card or an anonymous On-Loan card with more than HK$500 stored on it needs to be sent back to Octopus Cards Limited for refund processing, in which case, the refund for a Personalised On-Loan card would be available in eight days, and that of an anonymous On-Loan card would be available in five days.
A handling fee may be charged for the refund; HK$7 for an anonymous On-Loan card that had been in use for fewer than three months, and HK$10 for a Personalised On-Loan card that was issued on or after 1 November 2004.
An Octopus card may store a maximum value of HK$1,000, with an On-Loan card having an initial deposit value of HK$50 and a Sold card having no initial deposit value.
"Concerns over household loans and card loans are increasing," said Kim Jae Bum, a manager in the foreign investor relations department.
More suggestions(4)
Write better and faster with AI suggestions while staying true to your unique style.
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