Posts tagged as:

early

Is this a “shallow” reason to save $ and pay off my bills early?

June 6, 2010

I’VE JUST ABOUT HAD IT WITH PEOPLE DOUBTING THAT I’D BE A GOOD PARENT, DESPITE ALL THESE OTHER PEOPLE MY AGE HAVING KIDS & IT BEING OK FOR THEM. I’M TIRED OF PEOPLE TELLING ME TO “GET AN ABORTION” AS IF IT’S THE ONLY SENSIBLE OPTION DURING THE TIME I HAD A PREGNANCY SCARE. I [...]

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I have a commercial loan secured with my home. Was told the early payoff penalty was calculated by rule of 78.?

May 6, 2010

The loan is for 7 years . I’m in Maine and the loan company is based in NY. I thought the rule of 78s was illegal for loans over 5 years? Does that not apply to business loans? Does it matter that the loan was secured with my home?

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