what are variable loan, why do they exist & why would someone consider one?

479 views

title. i understand the difference between variable and fixed as definitions however with loans, ‘variable’ doesn’t quite register to me..

why on earth would someone consider that type of loan with a purchase of let’s say, a house?

In: 43

14 Answers

Anonymous 0 Comments

Why would someone consider one?

99% of the time, ignorance.

You are viewing 1 out of 14 answers, click here to view all answers.