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Sri Lanka Equity Forum » Stock Market Talk » credit interest free?

credit interest free?

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1credit interest free? Empty credit interest free? on Wed Apr 06, 2011 8:56 am

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
is the credit before december, which had to be cleared 50% last month, is interest free or do brokers charge interest, and about how much is it?

2credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 9:00 am

wikum100


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@duke wrote:is the credit before december, which had to be cleared 50% last month, is interest free or do brokers charge interest, and about how much is it?

good question rep+ from me i also have that q in mind ...if some one know the answer pl

3credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 9:27 am

kuk83

kuk83
Manager - Equity Analytics
Manager - Equity Analytics


I think they charge interest(early it was 22% anually).Better to contact your investment adviser.

4credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 12:47 pm

duke


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
thanks for the reply. wow that's a lot of money for losing. i think if you buy shares by credit card it could be slightly better. at least you get points. Smile

5credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 2:22 pm

$$$


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
They Charge interest, rates differ I think from company to company ..good one about the credit card though but I think Credit cards are even more exorbitant as they have hidden charges...but yes u do get points and one for one offers etc lol Smile

6credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 2:35 pm

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@duke wrote:thanks for the reply. wow that's a lot of money for losing. i think if you buy shares by credit card it could be slightly better. at least you get points. Smile

no. it doesn't !
don't even think about it Shocked

7credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 2:50 pm

kuk83

kuk83
Manager - Equity Analytics
Manager - Equity Analytics
@duke wrote:thanks for the reply. wow that's a lot of money for losing. i think if you buy shares by credit card it could be slightly better. at least you get points. Smile

Hick.... good idea Very Happy
But as far as i know credit card not allow when purchasing stock. Laughing

8credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 2:56 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
@kuk83 wrote:
@duke wrote:thanks for the reply. wow that's a lot of money for losing. i think if you buy shares by credit card it could be slightly better. at least you get points. Smile

Hick.... good idea Very Happy
But as far as i know credit card not allow when purchasing stock. Laughing

Yes, as far a I know there is no Credit Cards are not allowed.

9credit interest free? Empty Re: credit interest free? on Wed Apr 06, 2011 3:27 pm

Meta Trader

Meta Trader
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@slstock wrote:
@kuk83 wrote:
@duke wrote:thanks for the reply. wow that's a lot of money for losing. i think if you buy shares by credit card it could be slightly better. at least you get points. Smile

Hick.... good idea Very Happy
But as far as i know credit card not allow when purchasing stock. Laughing

Yes, as far a I know there is no Credit Cards are not allowed.

you can withdraw cash from it . Wink

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