Posted 11/6/2010 21:34 (#1424703 - in reply to #1424662) Subject: RE: CCC loans, interest charges. Is what they are doing legal?
USA
Curt,
Int is 1.25%. Not about lost int. $1.40 corn loan rate @ 1.25% , amounts to .000047 cents per bu a day int. What would happen when it came time to pay the CCC loan off and you delayed payment 2 days after the agreed repayment date?