> Debt repayment has one vital characteristic: it is easy to understand
If it were this easy you wouldn't see so many people taking on so many unnecessary debts. Technical or otherwise.
If it were this easy you wouldn't see so many people taking on so many unnecessary debts. Technical or otherwise.
Chiefly the answer to the question "how will this amount change if the interest rates go from effectively zero to 6%, which is the 30-year average?" is not straightforward.