First Take: The Least Boring Banking Podcast

Interest on Loans

Blake Guinn and Allison McDaniel Episode 5

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0:00 | 27:28

The interest rate you receive when making a purchase can greatly affect how much you actually pay for that purchase.

Blake and Allison bring in First National Bank Vice President, Lending, Mitch Hovis to discuss interest rates on loans. How they're decided, how big of a factor they play in the life of your loan, and what you can do to pay less interest in the long run.