3 ms·
i guess I need to clarify a question first: when the private company refinances the loan, do they pay the government the current principle?
by iamjdg 11y ago
i guess I need to clarify a question first: when the private company refinances the loan, do they pay the government the current principle?
- kansface 11y agoYes - otherwise, they would have to pay interest on the loan while refinancing to a lower rate (they'd lose money).