loan questions

[msb3079]

Originally Posted by jl9618

Hey Msb (or anyone for that matter)- let me know if you have finance questions- I've worked anywhere from retail banking operations/consumer lending to wholesale/correspondent brokering so my knowledge is fairly well rounded. That is all

any advice? like i said commerce is listing as 12.5%.. so if i borrowed... $15,000.... they would really be charging me $150/month in interest???? are they CRAZY!??

[superdude]

when is it compounded?

[jl9618]

I'll get back to you in a few when I have some more time....