1
vote
2answers
60 views
Take new loan to pay off old one, what would you do in this scenario?
Hi,
This is my current loan.
Loan Amount : £11,750
Total Interest : £6,422.40
Interest Rate : 21.2% per year
Total : £18,172.40
Pay per month : £306.19
Term : 60 months (5 years …
2
votes
3answers
278 views
Can I charge interest on money that I have lent out, even though I am not a financial institution?
On the news a couple of years ago, in BC, they said that if you are NOT an financial institution, it was illegal to charge interest on any money that you have lent out. Now I live …
