Which of the following characteristics is NOT likely to increase the interest on a loan?

Question

Quizplus · Accepted Answer

A shorter-term loan would typically have a lower interest rate since it represents less risk for the lender. Higher risk proposals or non-creditworthy borrowers are typically charged higher interest rates to compensate for the higher risk involved. Additionally, larger dollar loans may also have higher interest rates because they represent a higher amount of capital at risk for the lender.

Which of the Following Characteristics Is NOT Likely to Increase