Hello all, I have plenty of cash, but keep getting these. I can't see any repayment option so what do I do? Help much appreciated.
Bond default warning
Started by TheLastBaronW, Jul 20 2021 12:05 AM
#1
Posted 20 July 2021 - 12:05 AM
#2
Posted 20 July 2021 - 04:34 PM
It isn't possible to repay bonds directly, it will try to take out the interest money on the 1st of each month, when airlines usually have the least money due to all the monthly fees. This is why I recommend to never use bonds, as they provide little benefit for huge risk.
#3
Posted 21 July 2021 - 01:11 PM
Thanks. Chalked up to learning experience.
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