Debt Part 4 - Interest rates are going up!Submitted by Helkie Financial & Insurance Services Inc. on July 15th, 2018
We're 100% sure interest rates are going up at some point. And they have gone up 2% in the last year. No one can say they didn’t know! If you didn’t until you read this blog then you do now. If you know that the same dollar you borrow today is guaranteed to be more expensive to pay back in the future, why wouldn’t pay it back now? Or as fast as you can.