Thanks for signing up! We hope you enjoy our newsletter, The Teller.
How Do Earnest Loans Work?
When you borrow money in the form of a loan, you will need to pay back the amount you borrowed plus interest. This repayment typically occurs over the life of your loan, whether that’s three years or 30 years.
Before you sign the agreement to get your loan, it’s useful to understand exactly how your payment will be applied to your loan over time. Take a look.