Do student loans have compound or simple interest?
Most student loans have simple interest. Here’s how to calculate it.
Financial knowledge is only potential power; it only becomes power when you apply the knowledge you’ve acquired to your financial life.
— Jerry Brown
Jerry has been writing about personal finance for over four years. He started writing about personal finance in 2017 to document his journey to get rid of thousands of dollars in credit card debt. Two years ago, he pivoted away from writing for his own blog to focus on writing for major publishers. He is a Plutus award nominee for best social media for personal finance.
Financial knowledge is only potential power; it only becomes power when you apply the knowledge you’ve acquired to your financial life.
— Jerry Brown
Most student loans have simple interest. Here’s how to calculate it.
The right choice depends on the type of borrower you are.
College Ave offers more flexible loans, but Sallie Mae is a well-rounded lender.
You can avoid some fees, but others are standard across the board.
Renting a car? Learn whether your personal auto policy will keep you covered.
Most auto insurers consider your annual mileage when calculating your premium.
Filling out SBA Form 413 is required for most SBA loans and details your business and personal finances.
Just because a loan is easy to get approved for doesn’t mean it’s the best option.