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GoodMad_ GoodMad_
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7 years ago
The add-on clause on a consumer loan
A) allows the creditor to add on additional interest when the market rate of interest rises.
B) allows you to add on additional loans at the existing rate on your current loans.
C) allows the lender to repossess all goods purchased with the original loan even though your total payments may have been enough to cover an earlier purchase.
D) allows you to extend the term of the loan by adding on additional installments.
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Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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imoyseimoyse
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7 years ago
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GoodMad_ Author
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7 years ago
I'll mark it solved, you deserve it
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