Mathematics, 03.02.2021 04:20 alyssaanniebug

With respect to a personal loan, the finance charge a borrower pays is . A) An income tax on the loan.
B) The extra money he or she pays in interest. THIS ONE
C) Usually a one time $20 application processing fee.
D) Something the borrower can opt out of with good credit.
Explain it please.

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More questions: Mathematics Another questions

With respect to a personal loan, the finance charge a borrower pays is . A) An income tax on the loan. B) The extra money he or she pays in interest. THIS ONE C) Usually a one time $20 application processing fee. D) Something the borrower can opt out of with good credit. Explain it please.

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Another question on Mathematics

With respect to a personal loan, the finance charge a borrower pays is . A) An income tax on the loan.
B) The extra money he or she pays in interest. THIS ONE
C) Usually a one time $20 application processing fee.
D) Something the borrower can opt out of with good credit.
Explain it please.