Interest period

 

Meaning of the word: Interest period

Interest period indicates the time interval in which are attributed to interest on the capital. It can be annual, monthly, but also weekly. The credits have a different maturity, when a customer repays in addition also loaned money grew the interest, or the fee for the service. 

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State supervision

State supervision controls the interest of consumer protection. It is a public authority which is controlling, if the insurance institutions are able…

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