Math, asked by aishusweety, 1 year ago

How banks provide loans?? Ans soon pls

Answers

Answered by gop3

1

When you apply and receive approval for the loan, you'll receive the amount of money you requested to borrow in a lump sum. You pay back that money in installments. The timeframe of those payments is determined by the specific terms of your loan. The interest rate on your loan is determined by your credit score.

aishusweety: Tysm

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