How does annual vs monthly vs daily interest affect my loan?
Lenders will usually advertise an annual interest rate, but not all charge their interest annually. Some will calculate the interest monthly and others will calculate it daily.
Lenders will usually advertise an annual interest rate, but not all charge their interest annually. Some will calculate the interest monthly and others will calculate it daily.
We are used to lenders charging interest, but some lenders also charge an arrangement fee. In this blog we will explain why lenders use arrangement fees, how they work, and how to compare loans with and without them.
Secured, lines of credit, unsecured, guaranteed… there are a whole host of words that are used to describe loans. In this blog we will explain the most common types of loans.
Your credit score is a prediction of your ability to repay future loans and credit. It is based on your history of borrowing and bill payments. If you have a good credit score, your past is informing the lender that you are probably able to make repayments on the loan.
Why is it that the rate can vary so greatly? In this blog we will see all the things that can affect a loans’ APR.
In this blog we explain the difference between interest only and capital repayment mortgages, explain how they work, and tell you the main reasons for having one or the other.
Collateral is the term used to describe an item that you are using for security on a secured loan. With a mortgage, the house you are buying is the collateral.
When you take out a secured loan, you put up an item of value (called the collateral) against the loan.
When you take out a loan, you know that you need to repaythe money you borrowed with some interest, but how does it work and what doesit mean? In this blog we will go through an example and answer the questions.
When looking at secured loans you will often see reference to the Loan to Value ratio;often referred to as the LTV. In this blog we will look at how the LTV iscalculated, what it means and why it matters.
Stag Protect is a trading style of Batsrock Financial Ltd (company number 11755118) which is an Appointed Representative of Andrews Risk Consulting. Andrews Risk Consulting is a trading style of Stuart Andrews who is authorised and regulated by the Financial Conduct Authority (FCA Number: 820518)
Contains public sector information licensed under the Open Government Licence v3.0.
© Copyright – Stag Protect
03333 447 472
Info@Stagprotect.com
21-22 Bath St, Frome, BA11 1DJ
This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.
OKLearn moreWe may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.
Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.
These cookies are strictly necessary to provide you with services available through our website and to use some of its features.
Because these cookies are strictly necessary to deliver the website, refuseing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.
We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.
We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.
We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.
Google Webfont Settings:
Google Map Settings:
Google reCaptcha Settings:
Vimeo and Youtube video embeds:
You can read about our cookies and privacy settings in detail on our Privacy Policy Page.
Privacy Policy