What does a proper loan structure accomplish for the borrower and the lender? A. Supports everyday operations; maximizes flat fees charged for the loan B. Minimizes interest fees; restricts the client from making any risky decisions C. Satisfies financial needs; optimizes profitability D. Maximizes available funds; charges the highest interest rate
What does a proper loan structure accomplish for the borrower and the lender? A. Supports everyday operations; maximizes flat fees charged for the loan B. Minimizes interest fees; restricts the client from making any risky decisions C. Satisfies financial needs; optimizes profitability D. Maximizes available funds; charges the highest interest rate
Chapter6: Building And Maintaining Good Credit
Section: Chapter Questions
Problem 1LTAI
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What does a proper loan structure accomplish for the borrower and the lender?
A. Supports everyday operations; maximizes flat fees charged for the loan
B. Minimizes interest fees; restricts the client from making any risky decisions
C. Satisfies financial needs; optimizes profitability
D. Maximizes available funds; charges the highest interest rate
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