• One has an $8,one hundred thousand balance which have a beneficial % desire using one charge card and you can a $eight,100000 balance which have % rate of interest for the other. An excellent P2P bank is willing to give him $sixteen,100000 for five ages during the an interest rate regarding several% and additionally an effective 5% fee in advance. The fresh new Annual percentage rate of this financing try %, that is less than the interest rate on both playing cards. Hence, he can make use of this mortgage to settle his credit card financial obligation at a substantially all the way down rate of interest. Celý příspěvek →