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