Why pay more than you should for a short term loan?

Surely as a customer borrowing money you should only pay interest on what you owe at the time, right? So as you pay part of your loan off, you owe less, and the interest payable comes down accordingly. Why should you have to pay interest based on the whole amount you originally borrowed, even though you don’t owe that now?

Have you got it covered?

The UK is a gadget nation whose obsession has led to these gadgets playing an essential role in our everyday lives. From laptops, e-readers and tablets, to smartphones, cameras and wearable devices, the advancement of mobile technology means […]