“It was a loan, you have to repay loans,” said Trump. “It has a very modest interest rate on it. I could have charged way more, believe me.”
The money being used to repay the loan is from his supporters donations, according to the New York Times. With $20 million being loaned, Trump has received $5 million back so far with an added $150,000 in interest.
Political strategist David Hughes said of Trump, “He might be the first presidential candidate to ever make money from his campaign. It’s unheard of.
“It was made possible by the millions of dollars in free air time and his branded products have seen a boost as well. He is literally a walking, talking infomercial. He doesn’t spend a penny unless he thinks he can make a profit.
“Regardless of how he fares in the elections, you know a series of books are coming. He has figured out how to tap into people’s frustrations with politics and will make money from that for the next decade. Now if he happens to win, he’ll make a ridiculous amount of money from being president.”
