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what is the "prinicple" amount on a loan

 
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PostPosted: Mon Nov 12, 2007 3:56 pm Subject: what is the "prinicple" amount on a loan

That doesnt include fees right?
jaydanielle1

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PostPosted: Mon Nov 12, 2007 3:58 pm Subject:

No, the principle is the amount you actually borrowed.
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goudah2424
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PostPosted: Mon Nov 12, 2007 7:04 pm Subject:

Right, your principal is the amount you borrow and does not include fees and interest or any other miscellaneous charges that may be associated with your loan
debtstinker




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