Question

Unless an exact plan for longer payback was agreed upon, a personal loan should always be considered which type of loan?
A) installment loan

B) default loan

C) credit card loan

D) immediate payback loan

Answer 1

Answer:

D) Immediate payback

Explanation:

In the question, it says "unless longer payback was agreed upon" which means the answer would have to be opposite... an immediate payback. Hope this helps!

Answer 2

Answer:

A) installment loan

Explanation:

This is what an installment loan is. Hope this helps!