The 20% interest on HBD is very attractive but my only concern is that it might be a bit difficult to sustain long term. At 20%, it would double approximately every 4 years if compounded.
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The 20% interest on HBD is very attractive but my only concern is that it might be a bit difficult to sustain long term. At 20%, it would double approximately every 4 years if compounded.
It can be reduced, to 10%, also 11 or 12% as well, the witnesses have said they can reduce it as well and as much as it's sustainable, so this is something Positive as well when it comes to the sustainability.