Everything You Need To Know About Delinquent Loans The article is an introduction to how delinquent loans work. It provides some tips and advice for consumers struggling with their delinquent loan payments, including some information about the consequences of defaulting. The delinquency rate for student loans has been on the rise. When students default, it…
Amortization vs. Simple Interest Loan The choice of amortization vs simple interest loan might not be the most exciting thing you think about when paying for a car, but it is important. Your loan type will affect your monthly payment, how much interest you pay over the life of the loan, and even the total…
Bank reconciliations may not be the most exciting topic, but they are essential for accounting. In essence, bank reconciliation is the process of comparing your company’s bookkeeping records with the actual transactions that have taken place in your bank account. This helps to ensure that there are no discrepancies between the two systems and that…
