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5 July, 20:48

If a loan is risky and extends for more than a year what will a lender ask for

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  1. 5 July, 23:27
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    A higher interest rate for sure.

    Explanation:

    They will charge you more for the money you are borrowing (loan). So you may pay 25% over the, for example, $1000 you're borrowing.
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