Loans 101 (Loan Basics 1/3)

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In this video, you'll learn everything you need to know about loans! You'll learn what APR is, how to minimize your interest payments, how to calculate your monthly loan payments, and much more! Also, because we may cover products we like in this video, please click "Show More" to see the Ad Disclosure.
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Опубликовано:

29 июн 2024

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Комментарии : 44

@zzzanon 5 лет назад

APR includes the interest AND any fees. I never knew this. Thank you for making this video!

@earlibee Год назад

whats the meaning of APR?

@alanburt3675 8 месяцев назад

@@earlibee annual percentage rate

@incognito5109 5 лет назад

Dang bruh good thing I saw this video before getting a $15,000 loan for a car lol .this got confusing really fast.

@danieljackson4171 Год назад

Loans always takes more money from you in the end.. Loans are beneficial only to the one who gives only to haunt your finances.. Double Trouble!!

@dianawatson188 2 года назад

Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.

@declanwaylon6263 2 года назад

Thank you a lot for this video.

@ANDREW.24 11 месяцев назад

Thank you for this information it helps me a lot

@07ikkin 4 года назад

Thank you! I should have paid cash for my (used car ) but took my parents advice and financed it to build credit. Now I'm confused and trying to avoid as much interest as possible. This was helpful but I still have questions. I subscribed

@godessofyouguess Год назад

Ur parents were right if u didnt have any credit or shitty credit but if u Pay that car off in full hella fast that will bump ur score hella !! Good luck !! :)

@grigoriyefimovichrasputin7897 4 года назад

16 and this video helps a ton

@kenm2595 4 года назад

peter ur a grown man

@dejesusrussell 3 года назад

I'm in grad school now and I feel like this should be part of our required high school education, or if it already was, that it should have been taught more effectively.

@jeffreysegarra9304 4 года назад

Really helped👏

@fredherring876 2 года назад

Interesting video 😄

@samimahmed8457 3 года назад

Thankyou for giving that question about loan

@samimahmed8457 3 года назад

Please give more questions about loan

@mackendietoussaint5135 8 месяцев назад

Amazing

@Iucebowel 2 года назад

That's clever yo, APRs can screw people big time if we just looked at interest rates alone

@dannyt2892 10 месяцев назад

Talk about the banks and how fractural reserves work.meaning the banks lend money they dont have .they obligate the borrower to pay back a loan that the banks never had the money for in the frist place.that's fraud..

@notgabriel8624 2 года назад

So for a person trying to build some credit how would I go about this? Do shorter term loans come with less interest?

@ObviouslyDan 2 года назад

Less interest in a sense that you’re paying for a shorter amount of time.

@perseveranceoverpower 3 года назад

This shit ain’t taught in school

@richardtorres312 Год назад

What editing software do RU-vidrs use to do this drawing thing? I feel like I’ve seen this same format on many RU-vid channels

@moneycoachio Год назад

We use VideoScribe! www.videoscribe.co/en/

@marcaldovino264 3 года назад

My Friend keeps telling me to pay a loan with a loan, I'm pretty sure it's impossible but I don't know if it is

@deebestest100 3 года назад

Consolidating. You can probably get a lower interest rate on the second loan.

@hoodguie1221 10 месяцев назад

Can you please do one on retirement

@moneycoachio 8 месяцев назад

We did! Retirement 101: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-wrYrL6kL8SM.html

@mr.kimchoi3547 3 года назад

Subtitles covers the video ☹️

@toryloans5075 3 года назад

@suefletcher2637 3 года назад

Hello how do I find a real trader , I have been scammed so many times

@reforming9395 4 года назад

sauce me some answers class

@nauticalnovice9244 2 года назад

A car is not an asset!!

@wuttiffleaf7651 Год назад

anything can be an asset

@nauticalnovice9244 Год назад

@@wuttiffleaf7651 a car can be if someone rents it out

@aneesulhanif4275 2 года назад

Hi sir Anees Pakistan

@pooooopppyyyyfarttt 3 года назад

i'm 13 and i'm scared 😃

@user-kr1vw5yf4s 3 года назад

U need to be 18 anyway

@nauticalnovice9244 2 года назад

Why? You're not gonna be using loans in at least 4 years? So...

@user-pr1du5cm8k 2 месяца назад

Hahahaga 0.4%? $10k car? -2024

@danieljackson4171 Год назад

It's very challenging to save money and use what you have saved.. But it works best. Never take loans they make your financial situations double trouble 😱😏 they take from you all you've got in the end.