Indianapolis Recorder’s Smart Money Week continues with Everwise Credit Union explaining the power of compound interest.

Compound interest is interest paid on a principal balance -- your deposits or invested funds -- plus any interest that the ...

A simple interest loan only charges interest on your original principal, not the entire balance. You'll often see these for ...

Experts at Carleton acknowledged calculating add-on interest isn’t as prevalent as it once was with finance companies and ...

Short-term CDs offer solid returns right now, but watch out for these mistakes that can undermine your earnings.

Below, you’ll find the best rates available from a variety of ... the interest payout will total $2,500. With compound interest, the bank pays interest on the initial principal and the interest ...

Today's Loan Rates Best Personal Loans with Low Interest Rates Borrowers with excellent credit typically get the best low-interest personal loans, while borrowers with bad credit are offered the ...

According to FDIC data, the average interest ... rate. As of March 2025, the average saving rate published by the FDIC is 0.41%, so a good rate would be double that or more. It’s also possible ...

Find the best and most up-to-date savings rates ... Generally, savings accounts offer very low interest rates. So, if you want to earn on your deposits (rather than simply using your account ...

Today’s higher standard deductions have made it more difficult to itemize and write off mortgage interest. A good rate is the lowest rate you can get with reasonable fees. To find the best rate ...

You can also get a private student loan with a fixed interest rate. You may find a fixed interest private student loan to be a better choice, because you're eliminating the chance that your rate ...

Trading 212 is offering The Independent readers an exclusive 5.04 per cent interest rate for the first 12 months – one of the highest available. Find out how to secure this tax-free savings ...