Can a balloon payment be used to your advantage or not?

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According to Moneyweb, a balloon payment can potentially cost you a lot of money and destroy long-term wealth. It is critically important to understand what a balloon payment is, how it works, and the potential consequences of taking one on your vehicle loan. Sizwe thinks it is a good thing but the others disagree.Can a balloon payment be used to your advantage or not?

26 May 1AM English South Africa Entertainment News

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