Is it possible to to accumulte an extra 1000 euro in interest over a period of 5 years on a 15000 euro loan.
5 years ago this week i took out a loan but have been informed i still owe over 1000 because the loan was variable rate and the interest rose over the period of the loan ....... i was shocked to think it could rise by so much and if so i have learned a very costly lesson
thanks in advance
5 years ago this week i took out a loan but have been informed i still owe over 1000 because the loan was variable rate and the interest rose over the period of the loan ....... i was shocked to think it could rise by so much and if so i have learned a very costly lesson
thanks in advance