asked 118k views
2 votes
If an interest rate is fixed that means the rate

a. is adjustable.
b. can go up or down based on factors in the credit market.
c. will stay the same during the entire term of the loan.
d. transfers part of the interest risk from the lender to the borrower.
Which of the following does NOT appear on a credit report?
a. debt
b. condition of debt
c. risk level rating
d. photo of debtor

1 Answer

2 votes
If an interest rate is fixed that means the rate will stay the same during the entire term of the loan.
answered
User Eugene Trifonov
by
8.1k points