I just have to post this craziness. I just bought a new CAR!!! Yeah! My husband got laid off and we just filed bankruptcy. Only in America the land of unlimited opportunity and credit....
im trying to boost my credit score up to an 800 or as high as i can get it, and i know credit cards are the way...but whats a good company to go with, or who has the best offers for bad credit....
im a teen, i dont have a credit card, and i dont plan on getting one, except to establish credit so i can buy a car and such....i have a checking account that i keep up with....but what are some ways ...
I need 4000 by december. The problem is i owe my school and outstanding balance of 4600! My student loans have been deferred until January..so this loan would only be for a month max ...as my student ...
Hi, i am an 18 year old senior in high school. I would like to start building my credit by applying a secured credit card at the bank. I have saved up to $1200 right now from my under the table job. D...
My company is charging me an amount I know it's not accurate ( but It has happened before and I always ended up paying for it, but this time I'm not willing to pay for it since I was ...
Lot of banks are issuing free credit cards. How do these banks make profit by giving free credit cards. If we purchase something in credit card, the bank has to pay the money to the vendors and we ...
I am struggling just to make rent and I have two jobs, this is a bill from an auto insurance company, I don't know what they will do. Any ideas of what can happen to me?...
I mismanaged my finances back in 2001 and 2002. Now I'm fine. But I applied to a job that did a check on my credit report and they said there were some "negative things" on it so I ...
Although I do have some late fees, my credit card company continues to call more than 5 or 6 times in a day. This is ridiculous. Is there any way that I can have them stop this practice that will ...
My husband is on dissability and I can only make small payments. The lady who called was very nasty and very mean. Made fun of our income. so I told her I would send twenty dollars a month. Not ...
The gas station never requires a signature. The grocery store or retail store usually does. Even if the amounts are the same. Who determines when you need to sign, and when you don't?...
I have depleted my savings that has supplimented my meager 600 a month take home pay. I have payed my cards for years with no problems but my life turned around completely a year ago and I have been ...
Answers posted above is correct. Do you know the formula ? There's one..!!
somu
all my frnds are true
equated monthly installments
Jawahar
Equated Monthly Instalments
S.Adithya
EMI stands for Equated Monthly Installment. This is the amount paid every month as long as the loan amount is outstanding, which goes towards both the interest & principal.
Initially, a major part of the EMI goes in paying the interest only. As the tenure approaches the end, the principal component of the loan increases.
ramarao p
Equated Monthly Instalments. The principal amount and the interest are calculated at the begining of the term and sum total is divided by the number of months to arrive at EMI
venram121
Equated montly installment
king
The full form of EMI is Equated Monthly Instalments.
Loki
Equated monthly installments
annjee
Equated monthly Instalment. The amount or instalments you have to give to the financier to return the loan amount
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