September 7, 2019 Patricia Fuller

First, it is necessary to consider the cost of the loan. Once you request the capital, you will agree to return an extra amount for interest. These can be of two types: fixed or variable. Fixed or variable interest As the name suggests, the fixed ones do not undergo changes throughout the life of the credit, while the variable interests adapt to the market situation during the duration of the commitment. When planning, it is recommended to opt for a fixed rate because it is known with certainty how much money should be counted to meet the fees. However, variable…