Going for personal loans this festive season? Beware of these charges

Money Control | Sep 17, 2019 at 8:55 AM
  • A flat rate of interest may appear low, but makes the borrower pay more than the interest paid on a monthly rest basis.
  • The interest rate charged on a monthly rest basis is known as the annual percentage rate (APR).
  • Ultimately, the best way of meeting your festive expenses is to save up and invest regularly.