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Loan interest can be confusing, but understanding it is key to managing your debt. In this episode of The Finance Couch, Financial expert Ross Mac breaks down how interest works, especially for student loans. You’ll learn what annual percentage yield (APY) means, how loan payments are calculated, and why paying only the minimum can cost you more in the long run. Ross also shares simple tips to help you pay off your loans faster and save money over time. If you’re looking for practical advice to take control of your loans, this is a great place to start.
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