Outrageously Funny Word Dictionary :: Benetting

👉 "Benetting" is a concept in finance that refers to the process of adjusting a loan or credit card balance based on changes in interest rates. When interest rates increase, the borrower will pay more on their debts, which can result in an increase in their monthly payments. Conversely, when interest rates decrease, the borrower may not need to make as many monthly payments as they would under traditional debt repayment plans. This can be a useful tool for individuals who are struggling with high-interest loans or credit card

benetting