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TRUE OR FALSE: when you have a credit card or loan, it is better to have higher interest rate
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3 votes
TRUE OR FALSE: when you have a credit card or loan, it is better to have higher interest rate

User Arnaud BUBBLE
by
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1 Answer

3 votes

Answer: Lower interest rate are better. Higher interest rate is worse

Explanation:

A lower interest rate is better when borrowing money through credit cards or loans. You will be paying less. High interest rates are only good when you are the lender.

User ZhouX
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