The loan is for 17 years and carries a variable interest rate, currently 7.73 percent.

The 38-month loan carries a fixed interest rate of 11.48 percent.

The loan, originally for $3,500, now carries a balance of $7,000.

Credit cards and personal loans carry rates well in excess of 20 percent.

The loans carry 4 percent interest and must be repaid within a year.

The loan also carried 1 point, in this case $2,150, which went to the broker.

Most two-year loans on other vehicles covered by the program carry 7.9 percent interest rates.

A $200,000 30-year loan at 7 percent interest carries a monthly payment of $1,332.

They admit the newer loan would carry a higher interest rate.

This is good business because the loan carries almost no risk to tax preparers.