Greg DePersio has 13+ years of professional experience in sales and SEO and 3+ years as a writer and editor. Simple interest is calculated only on the principal balance of the loan each period.
Steph McGovern: Hey can you lend us a tenner? Go on, go on, I’ll pay you back next week and I’ll tell you what I’ll even give you some extra money to say thank you. So you'll lend me a tenner and I’ll ...