ltlelearnersp9ml40 ltlelearnersp9ml40
  • 18-04-2019
  • Business
contestada

If a loan is risky and extends for more than a year what will a lender ask for

Respuesta :

robert7248
robert7248 robert7248
  • 18-04-2019

Answer:

A higher interest rate for sure.

Explanation:

They will charge you more for the money you are borrowing (loan). So you may pay 25% over the, for example, $1000 you're borrowing.

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