paying off debt at 396% interest - how??, page-5

  1. rebel1
    28,697 Posts.
    lightbulb Created with Sketch. 853
    clock Created with Sketch.
    15/01/12
    14:55
    Post #: 9552108
    thats ridiculous, it means they are paying off the debt every 3 months...so if they are doing that why couldnt the imf lend maney at 10% and it will be paid off in under 4 months....something not right...
    Likes Created with Sketch. 2  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
NEWS Agreement to acquire 50% of the Central Tanami Gold Project
right-arrow Created with Sketch.
NEWS Update on exploration at Fosterville and Glenlogan
right-arrow Created with Sketch.
NEWS Diamantina Advanced Copper-Gold Project Acquisition in Western Queensland
right-arrow Created with Sketch.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.