Open Control Panel on the Desktop and click Default Programs. Then click âAssociate a File Type or Protocol with a Programâ link. Next in the Set Associations screen, scroll down the list until you find Protocols, and under that youâll see MAILTO. Itâs set to Mail â double click it.
Money that is paid in exchange for borrowing or using another person's or organization's money. Interest is calculated as a percentage of the money borrowed. There are two kinds of interest, simple interest and compound interest. In simple interest, the interest is calculated only over the original principal amount.
The amount of the finance charge includes late charges and other charges resulting from or arising out of late payment, delinquency, default, or other like occurrence. Finance charges are regulated by state and federal laws.State laws may establish a maximum rate allowed to be charged as a finance charge.The main federal law governing finance charges is the Federal Truth-in-Lending Act. The Act is designed to ensure full disclosure about finance charges in loans and prevent unfair business practices by lenders.inance Charges Law & Legal Definition. Finance charges are the sum of all charges, payable directly or indirectly by the person to whom credit is extended, and imposed directly or indirectly by the creditor as an incident to the extension of credit.