Think the Interest Rate always Matter??? The Lower the Better Right? Well not always True. Let's look at these charts to show you how to get the best deal.Let's look at this simple chart below:A B All Your Debt $100 $100Monthly Payment $6.00 $7.00Total of all Payments $149.00 $212.00Believe it or not, interest rate doesn't always matter. Let me give you an example. Imagine two scenarios, A&B. (Illustrated Above) In both scenarios; your total debt is … (5 comments)
THINK THE INTEREST RATE ALWAYS MATTERS??? Category: News and Politics ;)
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