Loans: Fixed or Variable? Which is Better?
16 Aug 2021 1 minute read 0 comments mercurial9 $0.00
Suppose you have $29,000 in student loans and you apply for a consolidation loan with the bank. Once the credit was approved, the bank gives you the choice of 8% Annual Percentage Rate (APR) with a fixed rate or 6% APR with a variable rate. Which wou...