One of the easiest forms of borrowing to understand is a simple loan ... Loan scams often involve fake loan offers that attempt to collect your personal information. Red flags of a fraudulent ...

Kiah Treece is a small business owner and personal ... forms and income tax returns. Some lenders also accept social security, child support and other forms of income to qualify for a loan.

Many mortgages, auto loans, and personal loans use simple interest. Say you take out a $5,000 personal loan with an interest rate of 5% and a term of three years. To find out the amount of ...