A simple interest loan doesn’t charge you additional interest on your accrued interest. In other words, the only interest you pay is on the outstanding principal balance of your loan. Auto loans and ...

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 ...

Nearly every person who owns a car has had to take out a loan to finance their purchase at one point or another. After all, most people don’t have the finances to buy their vehicles outright. But what ...