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MrChrister
MrChrister
8:49 PM
@quantycuenta, @LePressentiment wants to see the answer you deleted. Did you delete it for content or because it was on a closed question? I didn't want to send out info that isn't good stuff
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Q: Why do banks offer/tender these loans at these low rates?

LePressentimentA friend enlightened me on interest rates in Hong Kong, for example, is lower than those in North America. Source: http://www.hsbc.com.hk/1/2/hk/loans/pil For loan amounts < $50K HKD, the APRs verge on/resemble rates of return from the S&P500. Howbeit, for loans amounts > $50K HKD, the APRs ar...

banking loans interest-rate
 

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