FinAid - Financial Aid Advice The SmartStudent Guide to Financial Aid
Site MapAbout FinAid
 
Loans
Scholarships
Saving for College
Military Aid
Other Types of Aid
Financial Aid Applications
Answering Your Questions
Calculators
Beyond Financial Aid




Advertisement


 
Collection Cost Impact Chart Generator

Advertisement

This collection cost impact chart generator generates charts that show the impact of collection costs on the loan term, when the monthly payment is based on the old loan term. If the collection costs are too high, the loan will never be paid off as the net payment after subtracting collection costs is less than the interest that accrues.


Interest Rate:
Loan Term (Years):
Collection Cost Rate:
(Percentage of amount applied
to principal and interest.)
 

 
Home | Loans | Scholarships | Savings | Military Aid | Other Types of Aid | Financial Aid Applications
Answering Your Questions | Calculators | Beyond Financial Aid | Site Map | About FinAid®
Copyright © 2014 FinAid Page, LLC. All rights reserved.
Mark Kantrowitz, Founder
www.FinAid.org