3 min read

How To Calculate Auto Loan Interest

By Wasatch Peaks on January 15, 2021

What is an interest rate?

Let’s start first with the basics of understanding what an interest rate is. The interest rate is the rate at which a lender will charge for you to borrow the funds from them. This rate is a percentage of the loan amount, so the amount you pay in interest will be based off the principal balance of the loan.

Topics: Credit Financial Planning Auto Loan
2 min read

Should I Get Another Credit Card? It Sounds Tempting…

By Wasatch Peaks on January 14, 2021

Are you considering getting another credit card? There are many reasons why this may sound like an appealing idea. Depending on your situation, it might be the perfect time or it may be better to wait a bit.

Topics: Credit Financial Planning Credit Cards
2 min read

How A Checking Account Affects Your Credit Score

By Wasatch Peaks on January 12, 2021

If you’re thinking about opening a new checking account, you might have some questions. We’re here to help you understand when and how a checking account can affect your credit score and how to make sure that impact is a positive one.

Topics: Credit Checking Account