The lender can adjust the rate on variable-rate loans only on prespecified adjustment dates.
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Q19: Even if you do have money,you may
Q20: When you take out a loan against
Q21: Consumer finance companies usually charge lower rates
Q22: The majority of consumer loans are set
Q23: Variable-rate loans are desirable if interest rates
Q25: Single-payment loans are often used as a
Q26: Credit unions dominate the consumer loan market.
Q27: Commercial banks are generally more selective in
Q28: The primary type of loan made by
Q29: When the market interest rate goes up,the
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