Most loans sold in the open market usually mature within _______.

Question

Quizplus · Accepted Answer

Most loans sold in the open market usually mature within 90 days. This is because the lender wants to receive the repayment amount soon and does not want to wait for too long for it. Additionally, loans with longer maturities can be riskier for the lender as there is more time for the borrower's financial situation to change. Therefore, loans with maturities of 90 days or less are more commonly traded in the open market.

Most Loans Sold in the Open Market Usually Mature Within