What is Interest? In simple terms, Interest is the cost of borrowing. The borrower pays the interest and the lender receives it. How Does Interest Actually Work? The interest rate is the price of the debt. Anyone could be on either side of th ...
What is Interest? In simple terms, Interest is the cost of borrowing. The borrower pays the interest and the lender receives it. How Does Interest Actually Work? The interest rate is the price of the debt. Anyone could be on either side of th ...