Negative amortization is lawful, nonetheless it’s uncommon since it’s dangerous for borrowers and lenders. A person spot where negative amortization even now occurs is scholar loans. That’s why in 2023, a brand new income-based repayment strategy solution was developed. The information introduced here is developed independently in the TIME editorial https://www.linkedin.com/pulse/what-increases-your-total-loan-balance-understanding-factors-ayub-yqurf