Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Simple interest is calculated only on the principal balance of the loan each period.

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. Select will update as changes are made public. Some ...

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

The Pipeline and Hazardous Materials Safety Administration (“PHMSA”) sent a December 11th Interpretive Letter to DG Advisor addressing the application of the federal Hazardous Materials Regulations ...

SoFi Checking and Savings is a combination checking and savings account that earns an APY of 3.30% (variable and subject to change) on the money you keep in the savings portion of the account. To earn ...

An interest rate can be thought of as the cost of borrowing money, or the income you earn on saved money. Many or all of the products on this page are from partners who compensate us when you click to ...