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These borrowers will pay a rate slightly higher than a prime borrower, up to about 35% a year.
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I always pay these cards off in full each month so I never have to pay interest.
However, you are almost always better off making even a small payment, rather than no payment at all.
To a question, he said the HBFC was still enjoying a major market share in the housing finance despite entry of commercial banks in the field.
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