Payment consolidation models (Q1364042)

Debt service problems are described in many papers using various approaches, including analysis of obligations in the context of a sales pipeline. Thus, some approaches adopt the strategy of stabilizing the stream of payments (or charges), while other approaches use progressively changing rates of debt amortization. We consider a general model of the financial debt-service mechanism, which elucidates important invariance properties of the parameters of debt-accounting schemes and suggests some new problems.