Economy, asked by ntombela370, 26 days ago

discuss two factors that influence the interest rate on capital

Answers

Answered by rituskmg

1

Answer:

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Explanation:

Few factors that influence the interest rate are-:

Credit Score. The higher your credit score, the lower the rate.

Credit History. ...

Employment Type and Income. ...

Loan Size. ...

Loan-to-Value (LTV) ...

Loan Type. ...

Length of Term. ...

Payment Frequency

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