Finance Charge Rate definition

Finance Charge Rate means a rate of interest equal to the lesser of (i) eighteen percent (18%) per annum or (ii) the maximum rate of interest allowed by applicable law from time to time in effect.
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Finance Charge Rate means the actual or implicit finance charge rate, exclusive of any management or administrative fee.
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Examples of Finance Charge Rate in a sentence

  • In addition, Finance Charges at the prevailing Annual Finance Charge Rate for your Account will be charged on a daily basis on your Express Cash outstanding balance from the date of the advance until you repay it to your account in full.

  • Your account will be subject to the Monthly Periodic Finance Charge Rate and corresponding Annual Percentage Rate applicable to The State Bank of Toledo accounts, set forth in the Initial Disclosure provided to you by us.

  • Missouri State University-West Plains further retains the right to modify, amend or change the Finance Charge Rate in this agreement for subsequent semesters.

  • Provider agrees to pay, on demand, the Finance Charge Rate on any Misdirected Payment received by Provider that is not deposited in IPSs Main Account within forty-eight (48) hours after receipt by Provider.

  • Your account will be subject to the Monthly Periodic Finance Charge Rate of .5825% and corresponding Annual Percentage Rate of 6.99% applicable to the Redbrand Credit Union accounts, set forth in the Initial Disclosure provided by you.

  • Missouri State University-­‐West Plains further retains the right to modify, amend or change the Finance Charge Rate in this Agreement for subsequent semesters.

  • Your account will be subject to the Monthly Periodic Finance Charge Rate of 1.075% and corresponding Annual Percentage Rate of 12.90% applicable to the Redbrand Credit Union accounts, set forth in the Initial Disclosure provided by you.

  • Any amount not timely paid is subject to a finance charge, as calculated by us, using the average daily balance method and the Finance Charge Rate specified in the Fee Schedule.