Common use of Variable Rate Advances Clause in Contracts

Variable Rate Advances. If you made only the minimum payments and took no other credit advances, it would take 300 months to pay off a credit advance of $10,000.00 at an ANNUAL PERCENTAGE RATE of 3.74%. During that period, you would make 120 monthly payments of $100.00, followed by 179 monthly payments of $0.01 and a final payment of $1.01.

Appears in 15 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement, Credit and Security Agreement

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Variable Rate Advances. If you made only the minimum payments and took no other credit advances, it would take 300 months to pay off a credit advance of $10,000.00 at an ANNUAL PERCENTAGE RATE of 3.748.99%. During that period, you would make 120 monthly payments of $100.00, followed by 179 monthly payments of $0.01 52.21 and a final payment of $1.0153.21.

Appears in 2 contracts

Samples: Credit and Security Agreement, Credit and Security Agreement

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