First Take: The Least Boring Banking Podcast

Interest on Loans

May 12, 2021 Blake Guinn and Allison McDaniel Episode 5
Interest on Loans
First Take: The Least Boring Banking Podcast
More Info
First Take: The Least Boring Banking Podcast
Interest on Loans
May 12, 2021 Episode 5
Blake Guinn and Allison McDaniel

The interest rate you receive when making a purchase can greatly affect how much you actually pay for that purchase.

Blake and Allison bring in First National Bank Vice President, Lending, Mitch Hovis to discuss interest rates on loans. How they're decided, how big of a factor they play in the life of your loan, and what you can do to pay less interest in the long run.

Show Notes

The interest rate you receive when making a purchase can greatly affect how much you actually pay for that purchase.

Blake and Allison bring in First National Bank Vice President, Lending, Mitch Hovis to discuss interest rates on loans. How they're decided, how big of a factor they play in the life of your loan, and what you can do to pay less interest in the long run.