Customers are offered home equity loans with long amortization periods of up to 40 years. (lifeoncredit.ca)
To keep ever more cars and trucks moving off dealer lots, the car companies have increasingly turned to ridiculously long amortization periods of up to 96 months. (canadianbusiness.com)
In the past four years, the maximum amortization period for government - insured mortgages has fallen from 40 years to 25. (canadianbusiness.com)