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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
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15 votes
15 votes
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 Ryan Gabbard
by
3.0k points

2 Answers

16 votes
16 votes

Answer:

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

User Duyue
by
2.8k points
11 votes
11 votes

Answer:

D

Step-by-step explanation:

its the case most of thr time.

User Ferdau
by
2.7k points
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