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18-04-2019
Business

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If a loan is risky and extends for more than a year what will a lender ask for

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robert7248 robert7248

18-04-2019

Answer:

A higher interest rate for sure.

Explanation:

They will charge you more for the money you are borrowing (loan). So you may pay 25% over the, for example, $1000 you're borrowing.

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