A similarity between mortgages and auto loans is that both

are more risky for lenders.

require a down payment.

are less risky for lenders.

require minimum payments.

Question

Social Studies

Declan Stevenson

26 August, 07:32

A similarity between mortgages and auto loans is that both

are more risky for lenders.

require a down payment.

are less risky for lenders.

require minimum payments.

+2

Answers (1)

Know the Answer?

Erica Adams · Answer 1

In the choices above, the correct answer that fits in the description is that it is less risky for lenders because of its components and abilities to lend money in a way that the people and lender could understand and negotiate with. It is more accurate and less risky because it has set of rules in terms of their payment and contract.

A similarity between mortgages and auto loans is that bothare more risky for lenders.require a down payment.are less risky for lenders.require minimum payments.

A similarity between mortgages and auto loans is that both

are more risky for lenders.

require a down payment.

are less risky for lenders.

require minimum payments.