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What is an agreement between a consumer and lender to borrow money and pay it back in increments called?

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User Erotemic
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2 Answers

6 votes
A "loan" is an agreement between a consumer and a lender to borrow money and pay it back in increments.
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User Ovadia
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3 votes
If the choices are credit, lending, grant, and subsidy, the answer would be lending.
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User Ako
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