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re: Financing is OOC
Posted on 5/4/19 at 7:00 pm to OceanMan
Posted on 5/4/19 at 7:00 pm to OceanMan
quote:
Especially if that asset will serve as collateral. Homes are generally some of the cheapest financing deals you can find for a reason. Unsecured loans are more expensive.
Collateralized loans are inherently less risky because there is an asset to repossess.
quote:
So you agree that when it comes to interest rates, the particular asset being financed does indeed matter?
No
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