In a friend group, there's always that one person who loves to state the obvious, but sometimes it's helpful. These types of people use their common sense when trying to solve a problem or plan ...

Learn what the stated annual interest rate is and how to calculate it without compounding, plus how it compares to the effective annual rate.

Learn how add-on interest increases loan costs compared to simple interest. Discover the formula, examples, and its implications for borrowers.

The IRS has issued proposed regulations for the temporary car loan interest deduction enacted under the new tax law.

Credit card debt can quickly turn into a cycle of never-ending payments. Thankfully, there are several solutions if you're looking to get ahead of your debt and pay it off faster. One way is to apply ...

Evan Coleman is an Updates Editor on the Credit Cards and Travel Rewards team at Forbes Advisor, showcasing his interest in personal finance and love of travel. He has written for a variety of local ...