Stepped: Difference between revisions

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imported>Doug Williamson
(State which of the stepped basis and banded basis is more favourable for the customer.)
imported>Doug Williamson
(Layout.)
 
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1.
Calculation of tiered interest at higher rates on larger balances, where the interest is calculated in increments on the balance that falls within that step only.
Calculation of tiered interest at higher rates on larger balances, where the interest is calculated in increments on the balance that falls within that step only.


This is less favourable for the customer receiving credit interest, compared with a banded basis.


2.
Increasing a lending margin over time.




== See also ==
== See also ==
*[[Stepped interest]]
*[[Banded]]
*[[Banded]]
*[[Tiered]]
*[[Tiered]]
*[[Stepped margin]]


[[Category:Financial_management]]
[[Category:Financial_management]]
[[Category:Cash_management]]
[[Category:Cash_management]]
[[Category:Liquidity_management]]
[[Category:Liquidity_management]]

Latest revision as of 11:32, 13 May 2016

1.

Calculation of tiered interest at higher rates on larger balances, where the interest is calculated in increments on the balance that falls within that step only.


2.

Increasing a lending margin over time.


See also