39.8k views
13 votes
Select all the correct answers. What are the two reasons that private lending institutions offer a title loan to consumers who have a poor or average credit score? because they are certain that the loan will be repaid because ownership of the car remains with them because the loan amount is minimal because they earn a high interest because they are doing a charitable service

1 Answer

2 votes

Step-by-step explanation:

1) because ownership of the car remains with them

2) because they earn a high interest

User Justin Russell
by
5.5k points