A simple interest loan doesn’t charge you additional interest on your accrued interest. In other words, the only interest you pay is on the outstanding principal balance of your loan. Auto loans and ...

Big financial goals, from paying off debt to hitting a six-figure portfolio, rarely hinge on one big move. They come from a handful of simple money rules that I can repeat automatically, even on busy ...

Discover how simple interest benefits borrowers in car loans and consumer purchases, and learn why it might not be ideal for investors seeking compounded returns.