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Sheria Sacco Loan Form

Sheria Sacco Loan Form

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Instructions and help about sheria sacco loan application form

which one should you take a bank loan or a cycle loan so let's do a comparison between the two in terms of interest rates the interest rate for masako is lower slightly lower than that of a bank for example let's assume you're going to take a loan of 100K you might get an interest of eight percent with a circle but for the same loan amount if you were to take it from a bank it can be 10 to 12 percent number two in terms of the interest rate the interest rate for most banks most banks is calculated on the straight line method and for the suppose it's mostly calculated on the reducing balance with a straight line method you are paying a flat rate let's say you're going to be paying a one percent interest so you're going to be paying 1K 1K 1K all throughout the entire period until you finish paying the loan but for the reducing balance which is most popular amongst um circles for example let's say you're paying uh one

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