personal finance

Flight insurance covers you for accidental death and injuries resulting from an accident or crash of an airplane while traveling. You need to take adequate steps to protect yourself and your family through insurance coverage in such a…

Nowadays you would be hard pressed to shop in a department store and not be offered a store brand credit card. But department stores aren't the only places offering their own credit cards now. There is financing everywhere you go, even on…

When you borrow money there is always cost associated with the loan. The cost is expressed in the form of an annual percentage rate, (APR). The higher your APR the more you pay in finance charges. The annual percentage rate you receive…

APR stands for annual percentage rate. In a loan or credit situation, the APR is included with the interest rate. Both the APR and monthly rates of interest are interest rates. While the APR includes the monthly rate as part of its…

Interest rates are sometimes reflected by APR (Annual Percentage Rate) and sometimes reflected by APY (Annual Percentage Yield). Knowing the difference between APR and APY will help you make better financial decisions. …

In applications or advertisements for credit cards, you've most likely seen interest rates shown as the Annual Percentage Rate (APR) and Annual Percentage Yield (APY). The difference between the two rates is that APR doesn't take the…