Managing your loan doesn’t have to be a hassle. At the start of your loan, there are a few simple steps you can take that will help set you up for a successful repayment. Here are some strategies to help

If you’re planning to buy a home or already have a mortgage, you need to understand what APR means in this context.  In essence, the APR for a mortgage includes all costs you pay (including origination fees, interest, etc.) so

Looking to finance a new car? Here are some things to consider when it comes to interest for auto loans. Typically, APR on an auto loan works similarly to APR on an unsecured loan, where simple interest accrues daily based

You probably know that a credit card accrues interest over time if you don’t pay your full balance each month. Let’s break down how interest works with credit cards. When you have a credit card, you only have to pay

Many advertisements for credit cards and auto loans these days proudly announce that they have a 0% APR (for an introductory period). So what does 0% introductory APR on a credit card mean? Well, it does mean you can avoid

Unless you’ve just woken up from a 100-year sleep, you’ve heard the phrase “APR” mentioned in countless car commercials, radio ads for home loans, and credit card offers. But what does APR mean exactly? Well, there’s the short answer and

Definition An installment loan is a loan in which there are a set number of scheduled payments over time. Many different types of loans are installment loans, including mortgages and auto loans. A credit card may require a monthly minimum

The home buying process can cloud your judgment about how much you can actually afford to spend. You might focus solely on the listing price of a home instead of focusing on the overall costs of homeownership. If you look