One of the most difficult decisions you will have to make when applying for an unsecured personal loan is figuring out how much you should borrow and for how long. It is important to understand that the more you borrow, the more you will save. How? Lenders will usually enforce higher interest rates for smaller…
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Tag Archive: loans
Evil Interest
Everybody with a savings account or almost any form of debt has at least a passing familiarity with interest. How many of you actually know what it is, or even how much you are actually paying? First, some definitions. Principal is the term used for the amount of money you have borrowed. Interest is the…
Repo Man
A few years ago, we bought a new truck. We brought our old truck in as a trade, but the offer was bordering on insulting, so we kept it. We posted the old truck on CarSoup, the classifieds, and anywhere else we could find to post it. Nothing. After a few weeks, we finally found…
