F.A.Q. #15: When Does a 5% Interest Loan Beat A 0% Interest Loan?

Updated: Oct 15, 2020

It's conventional wisdom that paying a 0% interest loan is the ultimate way to go - particularly for large purchases like automobiles.

And they would be correct. 0% loan interest would beat anything else.

However, not everything is equal at all times.

Let us remember the Four Rules of Financial Institutions: https://davidkinderfinancial.wixsite.com/davidkinderfinancial/post/why-traditional-planning-doesn-t-work-the-4-rules-of-financial-institutions