Understanding the Power of Compound Interest

What is compound interest? Compound interest is the type of interest that is calculated on both the principal and the accrued interest on the principal. Unlike the simple interest whereby interest is calculated on the principal alone, while calculating interest using compound interest, you will need to first add the accrued interest with the principal

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How to Get Out of Student Loan Default

Getting Out of Student Loan Default Do you have defaulted student loans? If you do, I can actually connect with your feelings. The truth is that, you are not alone. The rate at which borrowers are defaulting on student loans is very alarming. This is not to say that I am encouraging people to default

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