9kmillymil 9kmillymil
  • 01-10-2021
  • Physics
contestada

Why would a person choosing to take a line of credit want to choose one that charges simple interest

Respuesta :

rrajukc7
rrajukc7 rrajukc7
  • 01-10-2021

Answer:

Lines of credit are unsecured loans. That means the bank is taking a huge risk. The bank has to be certain the borrower has a credit history that indicates (s)he will pay back the loan

Answer Link

Otras preguntas

how have computers changed mapmaking in recent years
3 ( 4d + 1 ) - 9d = 6 - 2d
Why did Henry Clay group his resolutions in pairs in the Compromise of 1850?
What's breed of given cat???Check attachment
What's breed of given cat???Check attachment
10u + 7 = 8 ( 2u - 4 ) - 9
What's breed of given cat???Check attachment
Why did Henry Clay group his resolutions in pairs in the Compromise of 1850?
what type of rock is the Haystack rock (igneous, Metamorphic, or Sedimentary)
what are three ways water erodes the surface of earth