73.7k views
2 votes
Which of the following has the lowest interest rate? A. credit card B. car loan C. Payday loan D. Mortgage

2 Answers

3 votes

The lowest interest rate is usually found on a D mortgage (3 to 5 percent )

With excellent credit, car loans cost 3-6 percent, but they cost much more with average credit and even more with poor credit.

User Josh K
by
7.4k points
1 vote

D mortgage usually has the lowest interest rate (3 to 5%)

car loans are 3-6% with really good credit but much higher with average credit and very high with poor credit

User Austinheiman
by
6.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.