Question

Which of these is likely the MOST important financial consideration a person should make when deciding to borrow money from a

financial institution?
Amount of the loan
B)Fees attached to the loan
C)Interest rates on the loan
D)Length of time for the loan

Answer 1

I believe its C

Step-by-step explanation:

Before getting a loan, always look at the interest rates of the loan. This is very important because the longer you take on paying back the loan, that interest rate can go up and when that happens, you can go into and even bigger debt. So make sure that before you sign anything, you are ok with the interest rate.

Answer 2

C

Step-by-step explanation:

Gromple!