The Comparison Rate: Why Lenders Love Small Print
A shiny 5.29% rate appears in big bold font. Then next to it, in tiny print, a 5.80% Comparison Rate. Here’s why that gap exists.
A shiny 5.29% rate appears in big bold font. Then next to it, in tiny print, a 5.80% Comparison Rate. Here’s why that gap exists.
Choosing an interest rate type is a bit like choosing an outfit for Melbourne weather — you can go for the heavy coat, the t-shirt, or a bit of both.