Jackson investigated loans for a $15,575 car. What might happen if he found a car he liked for $10,000?(1 point) Responses He would still have to take the bank’s loan offer. He would still have to take the bank’s loan offer. The lenders will not lend him a smaller amount of money. The lenders will not lend him a smaller amount of money. The lenders might give him a better interest rate on a smaller loan. The lenders might give him a better interest rate on a smaller loan. He would have larger monthly payments.

1 answer

The lenders might give him a better interest rate on a smaller loan.