With these policies the monthly mortgage repayments only covered the interest on the money you borrowed. |
The move is intended to structure the Division Two club's debts, establishing some degree of hierarchy on repayments. |
You could therefore make a big dent in your repayments by switching to a cheaper deal. |
Buying the club extra time for repayments is the last piece in the financial jigsaw according to the chairman. |
It covers your repayments against accident, sickness, involuntary unemployment. |
So, if you can comfortably afford the repayments, why not repay your loan over a shorter term, say, three years instead of four? |