Loan Period Wisdom
Problem debt is often caused by not matching the length of the loan with the life of the purchase. If loan lasts longer than the benefit then a replacement has to be bought and adds a new layer of debt.Loan Periods – Some Simple Questions
A fewer simple questions will guide the borrower to a suitable loan length.- How long will the benefit last or will the borrower enjoy the purchase?
- What is the life of the asset?
- How much value will the purchase retain over potential loan periods? Will it take the purchaser into negative equity?
Last Updated (Monday, 01 March 2010 08:24)
Alternative Approach to Strategic Analysis
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