Personal Finance, 4e (Madura)

Regardless of which loan you take, you must make sure to get a . fixed interest rate. as opposed to a . variable interest rate. A fixed interest rate remains the same for the life if the loan whereas a variable interest rate can change whenever the banks decide to change interest rates. Banks most often change interest rates due to inflation. ................
................

In order to avoid copyright disputes, this page is only a partial summary.