Brendan Burgess
Founder
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I heard something similar discussed in the UK.
1) a payment holiday or break is where you do not have to make a payment but the interest continues to accrue.
2) An interest holiday or break is where the interest is not charged.
I don't think the Brian Hayes needs to introduce any new definitions.
Brendan
1) a payment holiday or break is where you do not have to make a payment but the interest continues to accrue.
2) An interest holiday or break is where the interest is not charged.
I don't think the Brian Hayes needs to introduce any new definitions.
Brendan