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Question 10 of 10

What is an advantage of taking out a long term loan instead of a short-term
loan?
A Along term loan usually requires no credit check
B. A long term loan usually requires a low debt-to-Income ratio
G. A long term loan usually has a lower total cost
D A long term loan usually has a lower interest rate

User Yoko
by
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2 Answers

14 votes

Answer:

D. A long term loan usually has a lower interest rate

User Parliament
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1 vote

Answer:

D

Step-by-step explanation:

its the case most of thr time.

User RenatoUtsch
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