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Interest rates are generally expressed as a(n) of the loan. the length of time before a loan must be repaid is called the of the loan. loans that are considered to be high risk typically have a interest rate.

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Interest rates are expressed as a percentage of the loan, the length of time before a loan must be repaid is called loan term, high risk loan typically have a high interest rate.

What is a Loan?

Simply put, a loan is a debt, it can also be defined as a certain amount of money an individual collect with the intention of repayment at an agreed date.

A loan repayment come with an interest rate.

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