The Reality Of Interest Rates
Sean Fowler and Matt Jones return for the second part of the podcast series on finance for tradies and contractors to discuss the value of finding the right interest rates and being aware of other factors that affect the finance solution you will be offered.
Speed, requirements, and other factors should also be considered as much as the interest rate of a financing deal.
According to Sean, it’s hard to get a legitimate answer when you ask for the interest rate. With the different type of interest rates being offered, you’re simply taking the word of the person you’re talking.
With the existence of different interest rating systems; customer rate, base rate, flat rate, will not result in the same numbers/amount.
“Interest Rates Are Not The Only Factor You Should Look Into”
In this podcast, Sean Fowler discusses the experiences he had with interest rates and how other important factors should be considered as well before signing up for financial deals.
After going over the importance of asking the right questions, now is a good time to look at our available options. In reality, interest rates are one of biggest things to look at. However, Sean emphasizes in this podcast that it is not the only place a contractor or tradie should look at.
In This Podcast
Matt Jones and Sean Fowler discuss the reality of interest rates in getting the best finance solution for tradies and contractors.
Interest rates come in different shapes and sizes. According to Sean, people nowadays are looking into the other factors that affect a financial deal aside from interest rates.
This is a very interesting topic that has been going around the community for quite some time now. What are your thoughts? Let us know.
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