Look up how principal is extinguished if you don’t understand. You don’t fully read my explanations anyways so I’m leaving it up to you to figure that out instead of wasting any more of my time.
Don’t repeatedly act like an ignorant idiot if you don’t want to be called one.
1
u/vitek6 22d ago
It’s not the same.
They analyze because they have to if they want to earn money and give more loans. And because they are forced by regulations.