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Is the fee not charged upfront - that's why I excluded it from the payback period. Ahh you caught the mistake with the interest periods! Thanks!
by BukhariH 7y ago
Is the fee not charged upfront - that's why I excluded it from the payback period.
Ahh you caught the mistake with the interest periods! Thanks!
- hammock 7y ago>Is the fee not charged upfront How does that make any sense?
- BukhariH 7y agoIt's pretty common to have a fee for a loan that's paid upfront like an arrangement fee. But you're probably right in this case - Stripe likely include their fee in the monthly payments - updated the sheet. Appreciate the feedback!