Archive for April 30th, 2007

I’m currently a teacher wanting to switch to finance. Would a financial advisor be a good entry level job?

Monday, April 30th, 2007
Finance
kyle g asked:


I’d like to get an MBA, but I know I need experience. I am fluent in Spanish and French and I’d like to eventually be in international finance. Any suggestions?

Tamara

Posted in Ultimate Finance Knowhow | 3 Comments »

Can a finance company charge both a late fee and interest on that late fee?

Monday, April 30th, 2007
Finance
Jason P asked:


If a car payment was late and a late charge was applied, can the finance company turn around and charge late fees on the interest in the form of daily interest?

Also how can that be applied to the principal?

Hazel

Posted in Ultimate Finance Knowhow | 1 Comment »