PF#55: Inflation and Interest Rates

For my weekly assignment, I was asked to talk about a government regulation that affects interest rates. Inflation is not really a “regulation” but it is something that the government does that affects interest rates; hence I have elected to write about it here. Inflation is essentially the addition of new money into an already-existing …

PF#50: Different Interest Rates for Different Loans

Interest rates are different for different kinds of loans. Different kinds of loans have a higher or lower rate based upon different factors. I am going to talk about four different kinds of loans. Home loans, car loans, student loans, and credit loans (credit cards). The loans for all interest rates are affected by a …