Buying Votes with OPM - Other People's Money

By Constitutional ...

Bill Whittle does a great job of making the complex easily understandable:

The kind of issue that also happens to most countries. - Bernadine Fried

that? would depend if the loan is on a rinucedg basis or a flat basis. If it is rinucedg, the interest would be calculated on the remaining principal and if it is a flat rate, the interest would be calculated on the original principal. If your banker quotes you a very low flat rate, be aware that you will continue to pay a higher interest through out the term of the facility unlike loans on rinucedg rates.

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