Como

COMO stands for "Cost of Money Outstanding" and refers to the total amount of interest and fees a borrower pays on a loan over its duration. It represents the true cost of borrowing, encompassing not just the principal but also the expenses related to financing. Understanding COMO helps individuals and businesses evaluate the affordability of loans, compare different financing options, and make informed financial decisions. It reflects the overall expense associated with obtaining credit and is useful for assessing the efficiency and impact of borrowing on financial health.