What Is The Cost of Borrowing?

The Cost of Borrowing Pop quiz. What is the cheapest loan out of these two – Interest rate 5% Interest rate 5.5% Sounds simple doesn’t it. The interest rate is cheaper so that must be the best loan option. That said, you probably realised the obvious answer was wrong and went for the more expensive
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Base Interest Rate Set To Stay Low?

Base Interest Rate The base rate of interest has been kept at the all time low of 0.5% for at least another month. Good news for variable rate mortgage holders, good news for borrowers. A settled and consistent base rate of interest can provide confidence, however we are increasingly seeing talk of rising interest rates,
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Loan Repayment Calculator

Working out what your loan repayments should be, could be, or even would be can be less than straightforward. Every lender does things a little differently. Some work out interest monthly, some daily. Some lenders provide a flat rate, others an APR. The thing is, underneath it all you have a customer who simply wants
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The Great Interest Rate Hedging Issue

We are all aware that the base rate of interest remains at an all time low of 0.5%, lending should therefore be more affordable than ever for the majority of businesses. So why have so many banks locked their customers into Hedging Products which mean the customer is paying so much more? Hedging is about
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