The term OEM stands for Original Equipment Manufacturer. What does that really mean? It means that the part was made by a company that is a subcontractor to a vehicle manufacturer. It DOES NOT mean the part was made by the manufacturer.
The Rule-of-78's is sometimes used for car loans or other consumer loans. To print any loan schedule, click on Print Preview and then Print this schedule. When the first period, the period of time between the loan date and the first payment date is longer than one full period, there will be interest due for the extra days. This is known as odd day interest. The odd day interest, with this schedule, is shown as being paid on the loan date.
Our simple Payday Advance process: 1  Fill out a quick application in-store or get started online. 2  Go to the store. 3  Write personal check for loan amount plus fee. 4  Get your loan in minutes. 5  We hold the check until your due date. 6  Return to repay loan in cash on due date and reclaim your personal check.