Which of the following borrowing options would cost her the least? Credit card. Personal loan at bank. Student loan. Payday loan.

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asked Jan 20, 2023 90.1k views

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Tenobaal · Answer 1 · 2023-01-24T09:28:17+0000

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The student loan is set up to have a very low interest rate. They are mostly in the 2 to 3 % range if you qualify. The worst is a payday loan. Those have double digit rates associated with them.

Which of the following borrowing options would cost her the least? Credit card. Personal loan at bank. Student loan. Payday loan.

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