1 5.1.4 Quiz: Lending Question 8 of 10
What is an advantage of taking out a long-term loan instead of a short-term
loan?
O A. A long-term loan usually requires a low debt-to-income ratio.
B. A long-term loan usually requires no credit check.
C. A long-term loan usually has a lower total cost.
ОО
D. A long-term loan usually has a lower interest rate.
SUBMIT