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The Low-Down on Interest Rates

Interest Rate = Money
Interest rates represent money. Sometimes it's money paid to you, sometimes it's money you have to pay someone else.

Variable Interest Rates
You want the flexibility of a variable interest rate when the prime rate is low.

Fixed Interest Rates
You want to lock-in a fixed interest rate when the prime rate is on the rise.

 Types of Accounts

 ATM & Debit Cards

 

 Deciphering Your Bank Statement

 

 How Banks Work

 

 Interest Rates

 

 

 

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