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20 October, 23:46

Match the type of loan to its correct purpose. 1. a loan used to pay for educational expenses, such as college tuition, books, and housing small-business loan 2. a loan used to purchase a new or used car student loan 3. a loan taken to make home improvements, among other reasons car loan 4. a loan that requires a high credit score and is used for many different things, such as medical expenses, a vacation, or to pay off a credit card home equity loan 5. a loan used to pay for start-up expenses when opening a company personal loan

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Answers (2)
  1. 21 October, 00:26
    0
    1 student loan

    2Car loan

    3home improvement loans

    4medical loans

    5buisness loan / personal
  2. 21 October, 03:17
    0
    -student loan

    -Car loan

    -home improvement loans

    -medical loans

    -business loan / personal

    Step-by-step explanation:

    Loan are used for several things. they money borrowed to be returned at a certain date with specific interest rate.

    1. a loan used to pay for educational expenses, such as college tuition, books, and housing small-business loan

    -student loan

    2. a loan used to purchase a new or used car student loan

    Car loan

    3. a loan taken to make home improvements, among other reasons car loan

    -home improvement loans

    4. a loan that requires a high credit score and is used for many different things, such as medical expenses, a vacation, or to pay off a credit card home equity loan

    -medical loans

    5. a loan used to pay for start-up expenses when opening a company personal loan

    Personal/Business Loan
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