Bank Branch Manager Question: Download Banking Branch Manager PDF

Do you know what is negative Amortization?

Tweet Share WhatsApp

Answer:

When repayment of the loan is less than the loans accumulated interest, then negative Amortization occurs. It will increase the loan amount instead of decreasing it. It is also known as ‘deferred interest'.

Download Banking Branch Manager PDF Read All 80 Banking Branch Manager Questions
Previous QuestionNext Question
Please explain what is ‘prime rate'?Explain me what ‘LIBOR' stands for?