Register

Which of the following statements are true of an installment loan? 1) the term is much longer than other loans 2) lower interest rates are charged to borrowers 3) is technically…

Which of the following statements are true of an installment loan? 1) the term is much longer than other loans 2) lower interest rates are charged to borrowers 3) is technically…
asked 229k views
0 votes
Which of the following statements are true of an installment loan?

1) the term is much longer than other loans

2) lower interest rates are charged to borrowers

3) is technically an unsecured loan

4) has a fixed number of payments in equal amounts

asked
User Grimner
by
8.3k points

1 Answer

4 votes
4) has a fixed number of payments in equal amounts
answered
User Vjjj
by
8.3k points
← Prev Question Next Question →

Related questions

User Jim Horn
asked Sep 19, 2024 209k views
this int rate is what commercial banks charge their most creditworthy corp borrowers for unsecured loans
Jim Horn asked Sep 19, 2024
by Jim Horn
7.7k points
1 answer
3 votes
209k views
Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
Link Copied!