I was just wondering how interest rates get lowered on credit cards? Why do some people have lower interest rates, and some have higher? I understand the whole difference between credit scores and that some people have better credit than others. But I know that every single person with a low interest rate on credit [...]
I am looking for some personal experience from the first time buyer. Where is the best place to get mortgages loan? Is there a federal mortgage loan? I am looking to buy in the next few months and I need some one to guide me on loan and everything about home buying for the first [...]
I know APR loans are a bad idea, but how would an interest-only loan work? Would it still be a 30 year note, or do they extend the loan? Would I be able to get a fixed rate with an interest-only mortgage loan?
A friend showed me a copy of her mortgage and she pats the minimum. This is over $10,000 short of the interest owed each year. This is added to the loan balance. Is this legal, if so what can be done?
Does anyone know how I can get a free computer program for me to calculate simple interest, compound interest, amortizing mortgages, and other related business functions? Similarly, do you know of a hand held calculator which can do the same?