so when my neighbor pays 360 out of the 1K loan and sally buys it from me for 920 why would my neighbor still owe 1k to sally if my neighbor payed 360 out of it to me? wouldnt the loan be worth lets say 640 because of the amount payed already to me sorry for my ignorance im just confused
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grunge65432 1 year ago
sorry 3 years
ladieslovelimelight 2 years ago
thats just interest for 3 months
ladieslovelimelight 2 years ago
I second that comment...was thinking the SAME thing. please explain
boutbusiness24 2 years ago
so when my neighbor pays 360 out of the 1K loan and sally buys it from me for 920 why would my neighbor still owe 1k to sally if my neighbor payed 360 out of it to me? wouldnt the loan be worth lets say 640 because of the amount payed already to me sorry for my ignorance im just confused
chud89 2 years ago