In the interest-only phase, you make smaller payments, usually for a period of three to 10 years, that include only interest.

Knowing how credit cards work can save you headaches and cash. In a nutshell, credit cards provide access to a revolving line of credit that allows you to make purchases that can be paid off later.

Whether you are starting something new or expand your operations, it is best to have a thorough knowledge of lending rates for businesses. These rates determine the final amount you will pay when a ...

Interest rates play a central role in how households and businesses make financial decisions. They affect the cost of borrowing money, the returns earned in a savings account, and the mortgage rates ...

Will they or won’t they cut interest rates in September? All eyes are on the Federal Reserve and its chairman, Jerome Powell. He is seen as the all-powerful Wizard of Rates, but there’s more to the ...

Money market funds, favoured by cautious investors, have soared in popularity lately. We explore how they work and how they ...

If you have a great rate on your mortgage, it may feel tough to give that up to move houses — especially if current mortgage rates are significantly higher. But what if you could move your mortgage ...

The number of “green mortgage” deals available to homeowners is growing – but how do they work, and who qualifies for one? Most high-street lenders now offer some kind of green mortgage. They are ...

As the fall semester wraps up, some college students are realizing they’ll need additional funds to cover spring tuition bills. If that’s you, make sure you’re mapping out your expenses and comparing ...

A portion of your returns is shielded from tax thanks to the personal savings allowance (PSA). The PSA currently stands at £1 ...

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