Forum Discussion
GoPackGo
May 16, 2016Explorer
avvidclif1 wrote:westernrvparkowner wrote:
MBunch of hooey. Federal law REQUIRES disclosure of the terms of any loan, and that includes the interest rate. .
Yep but try what I said sometime. It might surprise you. Any finance officer can tell you how many different ways there, they don't like to as they want you fixated on the rate.
NOOO ! Just Nooo !
It's all math. 2x2x2 will always = 8.
As long as the loan amount, the APR, and the term (months) are the same, you will ALWAYS end up with the same loan payment.
The payment will change ONLY if you change one of those variables.
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