I thought they had to quote you the APR?
Loan payable 261 weekley payments 64.14 + Interest.
261 x 64.14 = 16740.54
It is impossible to repay a €17k loan with the above figures.
So someone has got something terrible wrong!
Yes but that's not how it works when taking out a loan, repaying a loan or trying to confirm the rate of interest charged....difference between €17000 and €16740.54 is not that great...
you got a good interest rate ......My local credit union is 9.8 %
Have a look here :
http://www.newrosscreditunion.com/
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