I am not unlike my peers - in that, I’m absolutely reckless with my money. I like models & bottles (who doesn’t though).
As such, sometimes, I find myself getting into stupid credit card debt. I’ve taken out debt consolidation loans before to get rid of this. But, every time I have done so, I make damn sure I pay more than the required monthly payment.
However, the “required” monthly payment never falls.
I don’t get it though - where in the hell can a guy get a negative amortizing loan? I’m asking for my friend, who needs to consolidate some debt.