WebStore cards from national chain stores charge interest as high as 25% a year. Hire purchase and credit sale agreements range from 17–27%. Interest.co.nz has some of the latest rates. With that sort of extra cost it pays to look around for the best deal. A $2,000 purchase over three years could cost between $2,570 and $2,940 – and that’s ... WebDebt mutual funds invest your money in fixed income instruments like bonds, Government securities, and treasury bills, aiming to generate returns. What you are doing here is lending money to other corporates or to the Government and getting interest on this lending. In this process of lending, the borrower issues to the lender, say, a bond.
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