The fact that interest payments on debt are fixed is both an advantage and a drawback.

Name: The fact that interest payments on debt are fixed is both an advantage and a drawback.
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Interest payments on debt being fixed is an advantage because it allows for predictable cash flow and budgeting. However, it can also be a drawback if interest rates decrease, as the borrower would still be obligated to pay the higher fixed rate.

The Fact That Interest Payments on Debt Are Fixed Is