 | Yes, Simple Interest is Better than Compound Interest. Here is why... Simple interest is only applied to the amount you borrow. That is it. We don't want you to be stuck paying interest on the interest itself. We leave compound interest rates to the credit card companies. Despite what some would say. Compound interest is a great way to invest but a terrible way to borrow. |
| Not to mention they are safe. They already own cars, they won't take yours! |
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