Saturday, September 22, 2012

Interest rate on installment plan

During festive seasons, you can see advertisements of consumer products that can be bought for cash or installment plan. This article shows you you can calculate the interest rate on an installment plan. The interest rate paid by consumers is much higher than they are aware of.

To avoid paying the high interest rate, consumers should learn how to manage their finances. They can attend the course on financial planning conducted by FISCA,

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