Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...
A January 2020 Bipartisan Policy Center/Morning Consult poll reveals that over half (55%) of student loan borrowers who were surveyed don't know the interest rate on their student loan(s). Unlike ...
Principal is the amount you borrow and interest is the added charge you pay to borrow it. The interest rate determines the total cost of a loan and how long it will take to pay off the principal. Many ...
Amy Fontinelle is a freelance writer, researcher and editor who brings a journalistic approach to personal finance content. Since 2004, she has worked with lenders, real estate agents, consultants, ...