I’m wondering if these loans should really be considered loans, or some other kind of trade? It sounds like you’re doing something like trading 100 X for 90 Y and the option to later pay 95 Y for 100 X. Is there any real “defaulting” on the loan? It seems like you just don’t exercise the option.
I’m wondering if these loans should really be considered loans, or some other kind of trade? It sounds like you’re doing something like trading 100 X for 90 Y and the option to later pay 95 Y for 100 X. Is there any real “defaulting” on the loan? It seems like you just don’t exercise the option.