A simple interest loan doesn’t charge you additional interest on your accrued interest. In other words, the only interest you pay is on the outstanding principal balance of your loan. Auto loans and ...

A simple-interest car loan is a common way to borrow money to buy a car. What’s great about simple-interest auto loans is that you can save money with this loan structure when you’re buying a vehicle.

The Credit.com free loan calculator can help you determine the monthly payments for your loan as well as additional important information. Before taking out a loan, it’s beneficial to know how much ...