Deferred Interest

Deferred Interest

Same as Negative Amortization.

References in classic literature ?
And yet--and here is the point, the custom, and the code--in the days of my prosperity, after the lapse of years, I have gone out of my way by many a long block to spend across Johnny Heinhold's bar deferred interest on the various loans.
Global Banking News-March 17, 2014--First Banks declares deferred interest and deferred dividends
The Deferred Interest Amount and the default interest
For example, an institution could not increase the interest rate on a credit card balance because the account has been closed; and institutions and retailers may continue to offer deferred interest and similar programs, but these programs would be subject to all of the final rules' protections.
Deferred interest, and interest accrued thereon, will be paid on the closing date of the transaction.
But that's better than the 20 percent to 24 percent you'd pay on the deferred interest loan.
Buried among the 1,500 pages of rules, commentary and regulations were a variety of provisions that would restrict circumstances under which interest can be charged to customers who enter deferred interest payment plans but don't complete their payments on time.
Heritage Oaks Bancorp, holding company for Heritage Oaks Bank, has received approval to pay deferred interest.
date on which such Deferred Interest accrued (each date on which such Deferred
Theoretically, under a deferred-interest loan, the annual appreciation of a home in a growth market such as California will be greater than the annual deferred interest, leaving homebuyers in the black over the life of their mortgages or if they sell their homes in the near term.
The ratings of the class B-1, class B-2, class C-1, class C-2 and class D notes address the likelihood that investors will receive ultimate interest and deferred interest payments, as per the governing documents, as well as the aggregate principal amount by the final maturity date.
85 deferred interest bonds in 2003-16 and $40,990,000 current interest term bonds due in 2019,2023 and 2028), $686,496 1998 series E deferred interest bonds due 2005-09, and $14,531,048.