Final answer:
Comparing loans can be confusing due to different types, interest rates, and terms. To solve the problem, review and compare all relevant information, use loan calculators, and seek financial advice.
Step-by-step explanation:
Comparing loans can be confusing because there are different types of loans with varying interest rates and terms. It can be challenging to understand the total cost of borrowing and the specific terms of each loan. To solve this problem, it is important to carefully review and compare all the relevant information such as interest rates, repayment terms, fees, and total cost of borrowing. Additionally, using tools like loan calculators and seeking the help of a financial advisor can make the comparison process easier and more accurate.