If you were taking out a personal loan, the highest rate would probably be charged by a
A) commercial bank.
B) finance company.
C) member of your family.
D) credit union.

Question

Quizplus · Accepted Answer

Finance companies typically charge higher interest rates on personal loans compared to commercial banks, credit unions, and family members, due to the higher risk they associate with unsecured personal loans.

If You Were Taking Out a Personal Loan, the Highest