Special Report on
The Rule of 78s
The Rule of 78s - Trends
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When you see some people out and about, it's hard to believe they have mirrors at home. It's true that we all have flaws, but why compound the problem by walking around looking like a refugee from a time travel experiment gone wrong or a bad day at the munitions factory? Some fashion trends don't flatter the human form (there, we said it), and others probably only suit about 1 percent of the population, if that. Our motto is, why look bad for the sake of fashion? Shouldn't clothes make you look better or -- miracle of miracles -- good? Let's take a look at 10 trends that should really die horrible ...
Beware the weight of a pre-computed auto loan where the Rule of 78s has been used to figure interest. (Photo: ThinkStock) When you’re looking into an auto loan, watch out for ones that use an old formula called the “ Rule of 78s .” This is a method of calculating a rebate of finance charges when a customer repays their debt early. In actuality, the rebate ends up being a “sneaky prepayment penalty,” claims Bankrate.com . The loan-padding scheme, which was devised in the days before calculators, is also known as the sum of the digits method (adding the digits ... Read More
SURVEY RESULTS FOR
THE RULE OF 78S
Authors@Google: Ray Anderson
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