This is an account of the experience that I have had with a fairly new concept in lending. When you borrow money, you usually borrow it from a major financial institution. Why? Well, for myself, the process of borrowing from a large bank puts distance between [Read more…]
Archives for December 2007
Interest and Lines of Credit
Have you ever wondered how the bank determines what your current interest earned is? Mystified by how credit card companies figure your interest charges for your account? Here’s a quick way to estimate [Read more…]