All of the following are true of peer-to-peer lending, except
A) it involves online platforms.
B) borrowers generally have high FICO scores.
C) loans are available only for amounts less than $1,000.
D) interest rates may be lower than at a financial institution.
Correct Answer:
Verified
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Q50: Use the following two columns of items
Q52: The method of determining the monthly interest
Q53: You obtain a loan of $3,000 based
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Q56: If the interest rates are the same,
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