What affects the cost of a loan?

The cost of the loan is the main thing everyone pays attention to when borrowing money. Yet, the majority mistakenly assumes that the cost of the loan equals the interest rate. It turns out that the total (the final) cost of a loan is comprised of several elements along with the interest rate. Each elementContinue reading


Five steps to becoming an expert in loans

You will hardly find a person who was never thinking of getting a loan, as modern life dictates the terms where most of the things revolve around money. You get married and get a loan for a house, you send your children to college and you get a Students loan and so on. Knowing howContinue reading