Car Loan Trick: Why Flat Interest Isn’t What You Think |

Описание: I personally do not encourage any one to take out many loans, but I do understand that there are situations where you need to take out a car loan. But the thing is you must first understand what is the real costs of taking out a flat interest rate loan (car loans, personal loans) and often time people misunderstood this comparing this wrongly with FD, without looking at the EIR. So i hope you guys understand after this content! As always take care and invest safe!

Chapters:
0:08 - Intro
0:42 - Understanding EIR
1:16 - Example using online calculator
3:26 - Quick Tips For Fast Calculation
4:24 - Extra Information To Read

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