Tag Archives: borrowing

Understanding Interest Rates

When you borrow money, you make payments towards what you have borrowed and this payment usually includes the interest that the lender charges for lending you the money. The amount of interest can vary, as can the terminology used to describe it but understanding what it means in real money terms is an important part… Read More »

Why You Should Check Your Credit Score

Your credit score, also known as a credit rating, might seem like something you only need to check if you want to get a loan or a mortgage but there are other reasons why you should check your credit score on a regular basis. The process is simple to do and can spot several problems… Read More »