Interest makes up a percentage of a loan (or deposit) balance which needs to be paid to the lender during a set amount of time. When borrowing money you not only have to repay what you’ve [...]
People wrongly assume a bank’s every action can be trusted. In our experience, we have found that the Usury Act and National Credit Act have been incorrectly applied. In this way, they are [...]
Interest is a fairly complicated concept to explain to a child although forms an important part of their financial education. We have explored ways you might be able to teach your child how [...]