Posted 3/2/2009 22:33 (#629564 - in reply to #629376) Subject: RE: Would John Deere write down a BTO's loans? Rumor has it they are
Mather, Manitoba
ya.
I figured they'd quit adding interest for a year or two. Makes carrying the loan more attactive.
I got a loan 3 years back from the local credit union on some metal and wheels. Interest rate is floating Prime minus 1%. I still owe 30K on it but the interest is 0%. Heck with paying it off. Keep the cash in the bank.