Asked by hlphlponline  |  Submitted March 31, 2016

How do I calculate the total now due on a loan made in October 2014?

18 months no payments made, $479.00, 10%APR, plus 5% monthly late fee

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  Answers  |  1

April 03, 2016

To ensure you don't make a calculation error, I'd contact your lender directly and ask. They'll figure the correct amount due. Probably not what you want to hear, but is the best advice I can give.

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