Economy, asked by atozgrills, 2 months ago

distinguish between short term credit and long term credit​

Answers

Answered by rajlaxmipahi01
6

Answer:

The main difference between long term loan and short term loan is the amount lent.Needless to say ,the higher the loan amount.The longer will take to reply it,in more cases.The lower amount of short term loans makes repayments easier and without getting in debt.

Hope it helps u

Good Afternoon

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