What is Interest?
Simply put, an interest is money paid as a result of borrowing money. It is usually charged in percentages of the amount that was owed. It can be expressed as an annual percentage (per annum) or it could be charged monthly. Interest can also be the money you receive on […]
The Importance of Paying Your Debt
Did you know that paying off your debts faster makes it much easier to save for your future? That’s right! You will be in a better position to save if you clear off all your debts in time. In fact, there are a number of benefits to paying your debts. […]