A good strategy to follow when using credit wiselyis to a. pay back a loan over a long
Chapter 12, Problem 6(choose chapter or problem)
A good strategy to follow when using credit wiselyis to a. pay back a loan over a long period of time tokeep monthly payments and interest chargeslow. b. get a loan from the most convenient source,since all lenders are regulated by thegovernment and charge about the same rate ofinterest. c. keep down payments low to save money onfi nance charges. d. make as large a down payment as you canafford to save money on fi nance charges.
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