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2 years ago

Which best describes a way people can use personal loans? to buy a house to buy a car to pay for college to pay for groceries

1 answer:

8 0

Personal loans are unsecured loans offered by financial institutions based on factors such as employment history, repayment capacity, income level, profession, and credit history.

<h3>How do personal loans work?</h3>

When you are approved for a personal loan, the funds are often sent directly into your checking account. When you acquire a loan to refinance current debt, you can occasionally ask your lender to pay your invoices directly.

Prepare to begin payback within 30 days, regardless of how you receive your payments. If you have a variable-rate loan, your interest rate will fluctuate, which may cause the amount you owe to alter from month to month.

When you pay off your personal loan, the credit line is closed.

Thus, Option D is correct which describes personal loans.

For more information about Personal loans refer to the link:

brainly.com/question/19106746

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3 years ago

A market gap is which of the following?

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4 years ago

An entrepreneur founded his company using $200,000 of his own money, issuing himself 200,000 shares of stock. An angel investor

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Answer:

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Explanation:

The computation of the post money valuation is shown below:

Given that

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3 years ago

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