Why might a bank offer a loan to a customer at a low initial rate that will increase after a set period of time? O To guarantee lower paymen

Question

Why might a bank offer a loan to a customer at a low initial rate that will increase after a set period of time? O To guarantee lower payments for first-time applicants O To make the loan look more attractive and competitive in the long run O To make the loan look more attractive and competitive now O To accept less money in the later years of the loam​

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Kiệt Gia 4 years 2021-08-10T20:34:48+00:00 2 Answers 14 views 0

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    0
    2021-08-10T20:36:02+00:00

    To make the loan look more attractive & competitive NOW

    0
    2021-08-10T20:36:24+00:00

    Answer:

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