News — lease
Leases From Hell
The world of finance has become an extremely complicated affair. In the “Good Old Days” one worked hard, earned money and put it in the bank, for a reasonable return. If one wanted to purchase an asset in most cases you saved up until you had sufficient funds and then bought it. If you needed a loan this was normally negotiated with the bank. It was a simple affair, a fixed loan, repayable at fixed rates for a fixed period. Today there are a plethora of financial alternatives, instruments, options, derivatives, lease and buy back, the list goes on. The...