You Searched For "interest cost" and got 17 results
Sort By:
5 mins read
Payday lenders target communities of color. But fintechs offering small-dollar loans and flexible wages may help break the debt trap.
Fintechs offering small-dollar loans and early access to wages could help break minority communitie…
Shannen Balogh
2 mins read
The US will be 'drowning in debt' over the next 30 years as interest costs rise
The national debt-to-GDP ratio could nearly double to 181% in 2053, according to a new Congressiona…
Jennifer Sor
2 mins read
Think your interest costs are high? Every 9 days, Donald Trump owes another $1M in interest on his NY fraud trial judgment.
Think your interest costs are high? The GOP frontrunner's penalty for a decade of banking document …
Laura Italiano
1 min read
India's gems & jewellery exports likely to slip 10-15% pc in FY23: GJEPC
India's gems and jewellery exports are likely to decline by 10 to 15 % in the current financial yea…
PTI
2 mins read
'Interest is your enemy': Credit card use is costing Americans more as inflation increases and interest rates soar
Consumers could end up paying an extra $1000 annually for their credit card debt as interest rates …
Jordan Hart
4 mins read
Know your credit card better: 11 hidden charges that you are never told about
What sales representatives of credit cards do not tell you is that there are a whole host of charge…
1 min read
US debt interest costs skyrocket 87% as new federal fiscal year begins
Gross interest payments on Treasury securities reached $88.9 billion in October, outpacing $47.5 bi…
Filip De Mott
2 mins read
The benefits of a negative US interest rate may outweigh the costs, JPMorgan says
The rate would only need to be "mildly negative" for a short period of time for the benefits to out…
Carmen Reinicke
2 mins read
Razorpay launches small biz credit card with no-cost interest for 50 days
Indian neo-banking platform Razorpay has launched a corporate credit card for startups and SMEs, al…
5 mins read
What is simple interest? A straightforward way to calculate the cost of borrowing or lending money
Simple interest helps investors deduce how quickly their money will grow over time, and helps borro…
Amena Saad
1 min read
SBI will cut interest rates on fixed deposits and term deposits by 0.25%
India’s largest private sector bank State Bank of India (SBI) will reduce the interest rates on ter…
5 mins read
The federal funds rate is the benchmark interest rate that affects borrowing costs across the US economy
The federal funds rate is the interest banks charge each other for overnight loans. Set by the Fede…
Karen Fernandez
2 mins read
Buying Twitter could personally cost Elon Musk $1 billion in interest a year
Elon Musk will have to fork over an absolute fortune just to cover the debt he'll use to buy Twitte…
Matthew Fox
1 min read
Rising interest rates means the cost of US debt will hit a new peak by 2025, Goldman Sachs says
Total interest payments on the US debt could amount to $10.6 trillion over the next decade, per one…
Jennifer Sor
3 mins read
The ECB says it's preparing a new anti-crisis tool as a surge in bond yields stirs memories of the eurozone meltdown
The ECB is back in crisis-fighting mode after Italian bond yields skyrocketed in response to potent…
Harry Robertson
2 mins read
The red-hot US housing market is about to stall and the risk of that boom turning to bust is rising, an economist says
US home prices will drop if the Federal Reserve hikes rates harder than analysts currently expect, …
Harry Robertson
5 mins read
How to calculate your credit card interest to figure out exactly how much your unpaid balances will cost you
If you've always paid your purchases in full by the due date, you won't have any interest payments …