A borrow may be able to get a lower rate in a loan if he or she offers to the

lender a sizeable

Question

Social Studies

Elianna

26 November, 22:58

A borrow may be able to get a lower rate in a loan if he or she offers to the

lender a sizeable

+3

Answers (1)

Know the Answer?

Duncan Strong · Answer 1

I believe the answer is an asset. Any asset has to account for its ability to cover a loan and it's fees ... example, if you own a property that is rented to a consumer for farming purposes, whatever the farmer plants, or for grazing purposes, that is the farmer's asset to cover they're loan. if they become delinquent in the payment, that gives the loaner the right to seize that asset for payment of a loan.

A borrow may be able to get a lower rate in a loan if he or she offers to thelender a sizeable

A borrow may be able to get a lower rate in a loan if he or she offers to the

lender a sizeable