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Pre-Paid Interest from Secondary Market on APR?

Answered by: 

Question: 
Does the pre paid interest due from the buyer for a loan sold on the secondary market need to be included in the APR calculation?
Answer: 

Yes

First published on BankersOnline.com 4/8/13

First published on 04/08/2013

Filed under: 
Filed under lending as: 

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