Loans 101 (Loan Basics 1/3)

[@zzzanon]

APR includes the interest AND any fees. I never knew this. Thank you for making this video!

[@earlibee]

whats the meaning of APR?

[@AlanB119]

@@earlibee annual percentage rate

[@grigoriyefimovichrasputin7897]

16 and this video helps a ton

[@kenm2595]

peter ur a grown man

[@dejesusrussell]

I'm in grad school now and I feel like this should be part of our required high school education, or if it already was, that it should have been taught more effectively.

[@dianawatson188]

Thank you a lot for this video. This is very interesting and informative. Keep posting like those amazing videos, this is awesome.

[@incognito5109]

Dang bruh good thing I saw this video before getting a $15,000 loan for a car lol .this got confusing really fast.

[@danieljackson4171]

Loans always takes more money from you in the end.. Loans are beneficial only to the one who gives only to haunt your finances.. Double Trouble!!

[@Epik-baconbrozeeee]

SHET😢 ​@@danieljackson4171

[@07ikkin]

Thank you! I should have paid cash for my (used car ) but took my parents advice and financed it to build credit. Now I'm confused and trying to avoid as much interest as possible. This was helpful but I still have questions. I subscribed

[@godessofyouguess]

Ur parents were right if u didnt have any credit or shitty credit but if u Pay that car off in full hella fast that will bump ur score hella !! Good luck !! :)

[@notgabriel8624]

So for a person trying to build some credit how would I go about this? Do shorter term loans come with less interest?

[@ObviouslyDan]

Less interest in a sense that you’re paying for a shorter amount of time.

[@ANDREW.24]

Thank you for this information it helps me a lot

[@Iucebowel]

That's clever yo, APRs can screw people big time if we just looked at interest rates alone

[@marcaldovino264]

My Friend keeps telling me to pay a loan with a loan, I'm pretty sure it's impossible but I don't know if it is

[@deebestest100]

Consolidating. You can probably get a lower interest rate on the second loan.

[@mackendietoussaint5135]

Amazing

[@dannyt2892]

Talk about the banks and how fractural reserves work.meaning the banks lend money they dont have .they obligate the borrower to pay back a loan that the banks never had the money for in the frist place.that's fraud..

[@richardtorres312]

What editing software do KZbinrs use to do this drawing thing? I feel like I’ve seen this same format on many KZbin channels

[@moneycoachio]

We use VideoScribe! www.videoscribe.co/en/

[@samimahmed8457]

Thankyou for giving that question about loan

[@samimahmed8457]

Please give more questions about loan

[@JAYFULFILMZ]

For those of y’all worried about the interest you pay on your car loan… look at it like this… Banks pay for your car immediately when you finance it & you pay them back in increments… if you gave me $20,000 & allowed me 5 years to pay it back in increments how much would you want back in interest over such a long time ? You’d want atleast 20-30% on top of what I owe right ? So in reality you/the bank would only be making back $1,000 a year or $83 in interest a month… it’s Pennie’s considering the fact that they just bought you a car & barely know you… Don’t be petty! Pay them the little interest!

[@Epik-baconbrozeeee]

Should I gamble or should I not

[@declanwaylon6263]

Thank you a lot for this video.

[@fredherring876]

Interesting video 😄

[@jeffreysegarra9304]

Really helped👏

[@SBBTnomore]

This shit ain’t taught in school

[@SakibAli-yr7kw]

Why did you stop uploading videoes?

[@hoodguie1221]

Can you please do one on retirement

[@moneycoachio]

We did! Retirement 101: kzbin.info/www/bejne/raO8o39soLFria8

[@suefletcher2637]

Hello how do I find a real trader , I have been scammed so many times

[@mr.kimchoi]

Subtitles covers the video ☹️

[@PalakAgarwal-m5w]

I want to take loan

[@nauticalnovice9244]

A car is not an asset!!

[@wuttiffleaf7651]

anything can be an asset

[@nauticalnovice9244]

@@wuttiffleaf7651 a car can be if someone rents it out

[@QuentinCecilia-w1g]

Rosalia Alley

[@danieljackson4171]

It's very challenging to save money and use what you have saved.. But it works best. Never take loans they make your financial situations double trouble 😱😏 they take from you all you've got in the end.

[@reforming9395]

sauce me some answers class

[@toryloans5075]

Yo

[@aneesulhanif4275]

Hi sir Anees Pakistan

[@ToyLand-h5p]

Hahahaga 0.4%? $10k car? -2024

[@andrewrussell4481]

Dang bruh good thing I saw this video before getting a $15,000 loan for a car lol .this got confusing really fast.