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Posted on 5/4/19 at 6:12 pm to iAmBatman
quote:
False. The riskiness of the borrower determines the interest rate, not the asset being financed.
Go look at Chevy incentives right now and tell me if this is true. Every vehicle has a different rate offered.
Posted on 5/4/19 at 7:25 pm to iAmBatman
quote:
False. The riskiness of the borrower determines the interest rate, not the asset being financed.
Yes and no. The liquidity of the underlying asset often dictates base rates.
Posted on 5/4/19 at 7:46 pm to iAmBatman
quote:amazing that anyone is arguing against this
The riskiness of the borrower determines the interest rate, not the asset being financed.
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