Interest rate – its types and factors affecting it (complete guide) Daily Journal

Interest rate – its types and factors affecting it (complete guide)

 Daily Journal

Have you ever wondered why you pay interest on a loan or earn interest on your savings? It all comes down to interest rates. Interest rates affect everything from mortgages and auto loans to the financial activities of businesses and governments. When you borrow money, you pay a fee to use it for a certain … Read more