A new rule proposed on April 18 could change how Thrift Savings Plan-based loans are repaid under reamortization terms. The Federal Retirement Thrift Investment Board, which governs the federal ...

The Kenya Bankers Association (KBA) has welcomed the revised loan pricing formula for variable-interest rates, announced by the Central Bank of Kenya (CBK) on August 26, 2025. In a statement issued on ...

Experts at Carleton acknowledged calculating add-on interest isn’t as prevalent as it once was with finance companies and other lenders using simple-interest calculations more often nowadays. However, ...

A simple interest loan doesn’t charge you additional interest on your accrued interest. In other words, the only interest you pay is on the outstanding principal balance of your loan. Auto loans and ...