Penn Credit Corporation’s Blog

Understanding Interest Rates

Understanding Interest Rates

Interest rates are the costs of borrowing money or rewards for saving. They are calculated based on the amount borrowed or saved and are expressed as a percentage. When you take out a loan, you are borrowing money from a bank, and the interest rate is typically...

Tips for Investing in Stocks

Tips for Investing in Stocks

Investing in stocks can be a great way to increase your net worth, but it can also be risky. Knowing which stocks to choose and when to buy and sell them can make a big difference in your success as an investor. Fortunately, there are tips and strategies that can...

How Much Should You Save Each Month

How Much Should You Save Each Month

Saving money each month is an essential part of financial planning. It can help you achieve your long-term financial goals, such as buying a house, paying for college, or retiring comfortably. But how much should you be saving each month? There is no one-size-fits-all...

How to Budget for Big Expenses

How to Budget for Big Expenses

When it comes to making significant purchases, budgeting is essential. Knowing how much money you have to spend and where it should go can make or break your financial success. In this blog, we'll explore how to budget for big expenses and help you identify strategies...