- 4 Sep 2015
- 2,073
- 1,458
- 180
I'm going to take out a bike loan of ¥120000. The interest rate is 10.9% for 18 months. I need to know the payment of this. I'd go to a Japanese loan calculator and do it if I knew how. I know the rate is high, but I'm having the cycle shop handle all the paper work and he says when submitted on the net, he can get either approval or disapproval in about 20 minutes.
I actually was going to borrow ¥70000 at the above rate while I was in his shop, but changed my mine now.
Much appreciated.
Also, do these loan companies charge a large fee if I pay it off in a short time, that is my intentions anyway.
I actually was going to borrow ¥70000 at the above rate while I was in his shop, but changed my mine now.
Much appreciated.
Also, do these loan companies charge a large fee if I pay it off in a short time, that is my intentions anyway.