Interest Rates

Interest Rates

Having a basic understanding of interest rates is important because it affects the TOTAL amount you pay on your loans and other purchases. Higher interest rates and longer repayment terms could significantly increase your total payments. Suddenly, what seemed like a good deal could end up costing you much more than you thought.

The articles and resources in this section aim to give you a better understanding of interest rates and cost of borrowing, so that you can make better decisions.