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A comment on Counterintuitive problem: People in a room keep giving dollars to random others. Parent comment

Re:Counterintuitive problem: People in a room keep giving do... by ralfd on Sunday July 09, 2017 @03:50PM (#14731332)
Isn't that just paying the interest in the beginning in full, instead of over time or at the end of the loan?
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Re:Counterintuitive problem: People in a room keep giving do... by coldtea on Monday July 10, 2017 @02:45AM (#14733863)
Obviously no, because it doesn't increase.

Like with credit cards, most of the money on loans is not paid on the default interest and with the perfect payment schedule, but on late payments.

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