It was the news that we have all been waiting for . If you have been following my posts, back in November I posted an article titled “Net Neutrality May be coming to an End and Why You Need to Be Worried.” Well Thursday, the FCC officially repealed the 2015 Obama administration mandate that gave consumers more power over their choices in regards to internet service and what you are able to do online. ISP’s (Internet service providers) can now change your internet speeds, charge higher prices for better service or limit web capabilities altogether. According to a report from the New York Post the changes will not go into full effect for several weeks, so do not expect to see any differences in internet service just yet.
Have you ever thought about the true cost of items purchased with debts instruments such as credit cards and/or loans? The reality is that most people never give it a single thought. Two things that have the biggest impact on the true costs of these items are interest rates and APR or the annual percentage rate. First let’s define the two terms.