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imtringued
on March 23, 2022
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Why income share agreements did not work out
Non compounding interest? I think there is a better word for this.
btdmaster
on March 23, 2022
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[–]
https://en.wikipedia.org/wiki/Interest#Simple_interest
rootusrootus
on March 24, 2022
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Still has a time component, though. A flat 50% that is due whether you pay it off in 1 month or 60 months is a fee, not interest.
ummonk
on March 24, 2022
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[–]
The term is “fee”. It’s a 50% lending fee.
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