Extremely Long Term Debt

Published: Oct. 23, 2020, 5 p.m.

If you have ever taken out a loan, you are probably familiar with the details of taking on debt. You have an amount that is borrowed, an interest rate, and a term over which the debt is paid back.

However, sometimes, a term might be extremely long. In a few cases, the debts can be served in perpetuity.  

Learn more about the extremely old debts which took forever to pay off on this episode of Everything Everywhere Daily. 

https://Everything-Everywhere.com/CuriosityStream

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Executive Producer James Makkyla

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