Rule of 78

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A method of computing refunds of unearned finance charges on early payment of a loan so that the refund is proportional to the monthly unpaid balance.

The figure 78 is the sum of the digits of one to twelve—that is, the number of months in a one-year installment contract.

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No references found			Rule of 78 Redemption fees are not the only thing you should look out for if you are going to repay your loan early. How to Avoid Hidden Loan Charges by Peter Kenny / Finance and Investment community The way that most lenders work out how much interest you pay through the loan is through a technique called The Rule of 78. Repayment Mortgages Information by Mike Mansell / Real estate industry community Some lenders use the rule of 78 in which you will be paying almost all interest at the beginning of the loan and then you have the other more preferable method of simple interest. Don't Get Upside Down on Your Motorcycle Loan by Gregg Hall / Banking, finance and accounting community			rue rueful ruffian ruffianly ruffle rugged ruggedness ruin ruin one’s eyesight ruin one’s prospects ruinable ruinate ruination ruined ruiner ruinous ruinous price rule rule against Rule against Accumulations Rule against Perpetuities rule dishonestly rule for future determinations rule for future guidance Rule in Shelley's Case Rule of 78 rule of action Rule of court Rule of law rule of might rule of proceeding Rule of the war rule on rule out rule over Rule to show cause rule upon rule-abiding ruled ruler rulers rulership rules rules of business rules of conduct rules of court Rules of Decision Act Rules of practice rules of war ruling ruling passion			Rule in Shelley's Case Rule Induction Algorithm Based on Approximate Classification Rule Interchange Format Rule joint Rule joint Rule Line Rule Lines Rule lOb-5 Rule Making Rule Making Rule Making Rule Making Rule Markup Language Rule NMS Rule of 18 Rule of 18s Rule of 20 Rule of 3 Rule of 3 Rule of 300 Rule of 300s Rule of 3s Rule of 3s rule of 5 Rule of 69 Rule of 69.3 Rule of 69s Rule of 70 Rule of 72 rule of 72s Rule of 78 Rule of 78s Rule of 78s Rule of 8 Rule of 80 rule of 80-20 Rule of Absolute Priority rule of action Rule of Air Management rule of approximation rule of bigeminy Rule of capture rule of co-occurrence rule of confidentiality Rule of Coss Rule of court rule of cy pres rule of detachment rule of engagement rule of evidence Rule of Fair Practice Rule of false position Rule of Five rule of grammar Rule of inference rule of law rule of law rule of law

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