1. Business & Finance

Discuss in my forum

A negative amortization loan is a type of loan that doesn’t reduce your balance. In other words, you're not paying back the principal. Find out how negative amortization loans work and why people use them.
Comments
No comments yet.  Leave a Comment
Leave a Comment

Line and paragraph breaks are automatic. Some HTML allowed: <a href="" title="">, <b>, <i>, <strike>

©2012 About.com. All rights reserved.

A part of The New York Times Company.