Question

One advantage of a long-term loan compared to a short-term loan is that a long-term loan: A. can be paid off in full without the borrower paying any interest. B. does not require the borrower to have a good credit score. C. does not force the borrower to make payments every month. D. allows a person to borrow more money at a lower interest rate. ​

Answer 1

Answer:D. allows a person to borrow more money at a lower interest rate. ​

Step-by-step explanation: