1-844-696-6465 (US)        +91 77600 44484        help@dezyre.com

What is the difference between Additional interest charges and Finance charges?



0
Hi Binny,

What is the difference between Additional interest charges and Finance charges? Or what are the components of "Finance Charges"?

Regards,
Ayan

2 Answer(s)


0

Ayan, Typically interest charges are a part of Finance charges. Here is the definition of Finance Charges from Dominos filings - "The finance charges incurred by us include interest charges payable by us on debentures, term loans and other liabilities/borrowings, hire finance charges, loan processing fees, prepayment charges, bank
charges and other financial charges such as cash collection charges."

0

Click this link to read about the Ultimate Guide to Financial Modelling

Your Answer

Click on this code-snippet-icon icon to add code snippet.

Upload Files (Maximum image file size - 1.5 MB, other file size - 10 MB, total size - not more than 50 MB)

Email
Password