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Interest is computed monthly at the rate of 1% on the unpaid balance from the date the loan is disbursed.
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I currently have 22 notes (bought some off folio, so thats why its a strange number), and simply have an automatic transfer of $100/month out of my fun money into my LC account…therefore, I buy 4 new notes a month.
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- The city still commemorates that event to this day with a monument in downtown Freeport.
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Now that we know their weakness is in litigation, perhaps others will use that to their advantage.
Example: Borrow $1,000 from the is $100, and the "Interest Rate" is 10% (but people often say "10% Interest" without saying "Rate")
Yeah the fees might be a little high for some but I don't mind and I plan to do my taxes with them every year.
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I mean, Gawker media has always pushed hard against ride-sharing, and Uber in particular.
on H and R Block charge too much to do that and to do taxes.
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In New Mexico, a 2007 law triggered the same rapid shift.