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When interests rates are high it costs less money to borrow money true or false?

When interests rates are high it costs less money to borrow money true or false?
asked 22.7k views
5 votes
When interests rates are high it costs less money to borrow money true or false?

asked
User Canh
by
6.9k points

2 Answers

4 votes

Answer:

false

Step-by-step explanation:

answered
User Steve Quezadas
by
8.0k points
2 votes
False.

When the rates are high you have to pay more money to borrow
answered
User Ajwood
by
8.3k points
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