
Many people around the world use loan facilities. This might be with their bank or another financial institution, and could be a long-term loan or a short-term “payday” loan in order to deal with immediate financial obligations.
There are a number of factors to consider whenever you take out a loan of any description. One of the biggest can be the interest rate – the rate at which you pay to borrow the money. Worryingly, many people don’t...