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

User Lee Jacobs
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1 Answer

1 vote

Answer:

A higher interest rate for sure.

Step-by-step 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.

User Khanh Le Tran
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