Tag: Interest
Comparison: Federal Student Loans vs Private Student Loans
When we discussed student loans, you mentioned federal and private student loans. But what is a Federal Student Loan? Federal student loans are funded by the federal government. They have a fixed rate of interest, and their terms and conditions …
What is a Student Loan?
What is a Student Loan? A student loan is a loan that you can take to pay for your college education. With the cost of college education skyrocketing, student loans help people pursue their higher education dreams even if they …
Comparison: Coupon Rate vs Yield for a Bond
Howdy Wall St. Willy! We talked about Coupon and Yield of a bond separately, but what’s the difference between the two of them anyway? Coupon or coupon rate is the rate of interest paid by the bond issuer. It is …
What is Yield for Bonds?
Howdy Wall St. Willy! Sometime ago we talked about coupon and when we talked about that you said something about yield. But what is yield anyway? Yield is the rate of return you can get from making an investment in …
What is a Credit Card?
Howdy Wall St. Willy! I saw someone using a credit card at the mall. But what is a credit card anyway? Well, a credit card is a plastic card that you use to pay at stores and online. But where …