11. The trade-off is that the loan balance will increase because payments are not large enough to cover principal and interest. 12. They are first in line in the event of default, and loan balances are secured with assets of the borrowing corporation. 13. Washington Mutual showed no such damage in the fourth quarter as loan balances and interest income soared while margins held steady. 14. When it is sold in one single premium, as opposed to month-to-month, the cost is financed and rolled into the loan balance. 15. However, they kept adding interest on to his loan balances. |