Consumers should be concerned about high interest rates because high interest rates __________.

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asked Sep 20, 2016 104k views

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Campo · Answer 1 · 2016-09-26T02:36:56+0000

Consumers should be concerned about high interest rates because high interest rates make it harder and more expensive to pay back loans and debts, since the banks charge more interest that is often compounded monthly or yearly.

Consumers should be concerned about high interest rates because high interest rates __________.

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