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Interest Burden: A hidden weight on financial health
short by / on Monday, 10 February, 2025
Interest is the cost of borrowing money. Whether it’s for a personal loan, mortgage, or corporate debt, interest payments are a common part of financial life. However, when these payments become overwhelming, they can pose a significant threat to financial health. This strain is referred to as 'interest burden', and represents how much company’s finances are consumed by interest payments.