Which best describes a way people can use personal loans?

Answers

Answer 1

Answer: One of the way that people can use personal loans is : To pay for college

Even though it may not have been the best options, sometimes college students are not eligible for other type of loans ( such as the Federal student loan), which leave personal loans as their other options

Answer 2

Answer:

Buy Home, purchase the car, pay college fees.

Further Explanation:

Personal Loan is a type of unsecured loan. It helps to meet the current financial needs. A person doesn't need to give their collateral in availing the personal loan. The lender provides the flexibility to use funds as per the person’s need. It serves the solution in management of the traveling cost, wedding expenses, medical emergency, debt consolidation, home renovation. The personal loans are a viable option used in various circumstances. These loans are marked for a specific purpose. A person can buy a home with a mortgage loan, can purchase a car, pay for college with the student loan. The personal loan can be used for anything. The lenders ask the information about where they want the money and also give the legal reason where they want to spend. The person loans need no collateral, but the interest rate is higher. There are secured personal loan if we need to lower the costs. If a person gets the credit card, you can get the personal loan to consolidate the charges.

Learn More:

1. How did henry ford’s model t contribute to the culture of the roaring twenties?

brainly.com/question/7802830

2. Starting in the 1800s, members of the suffragist movement in the united states focused on women's right to

brainly.com/question/1298741

Answer Details:

Grade: High School

Chapter: Personal Loans

Subject: Social Science

Keywords:

Unsecured loan, collateral, flexibility, management, wedding expenses, home renovation, specific purpose.

Related Questions

Select all that apply.In Luke Chapter 15, Jesus told three parables about the Lost: Sheep Coat Coin Basket Son
How did britain most impact the formation of modern nations in the region?a. with economic and military supportb. through expanded trade opportunitiesc. by building modern schools for the regions young peopled. by mapmaking without regard for tribal and ethnic boundaries
Describe the impact on earth if the oceans were removed.
Which of these statements does not accurately describe mesopotamia
Maureen is really frustrated that the contractor working on her house is taking so long. but she doesn't want to yell at him because she is worried he will not produce quality work for her if she does. instead, she yells and snipes at her husband. maureen's aggression is ____.

The Articles of Confederation established a Congress within the new nation. What was required in order for this Congress to pass a measure?

Answers

Answer:

9 of the 13 states were needed to approve a measure so that the Congress could pass it.

Explanation:

Under The Articles of Confederation (the first written form of government of the United States) there was only one branch within the central government, this branch was the legislative one, and was composed by a Congress with limited power. The Congress represented all 13 states equally and had the power to deal with foreign affairs, and borrow money from the states or foreign governments and it required 9 out of 13 states to approve a measure so that it could become a law; Congress lacked of power to collect taxes or deal with commerce, and looked weak inside and outside the country, this weaknesses led to the Constitutional Convention in which the Constitution and the federal government were created.

They had to have 9 of the 13 states approve a measure

What can government do to reduce unemployment?

Answers

Governments typically seek to reduce unemployment by stimulating the economy through monetary or fiscal policy. Using monetary policy they increase the money supply in the hopes of reducing interest rates to spur economic growth. They can also use fiscal policy where they influence the level of taxes or government spending to influence economic development and to reduce unemployment as well.

If a person is in an accident and has some sort of brain damage affecting memory, would it be possible to relearn previously learned information—and even learn it more quickly?

Answers

Answer:

Sometimes

Explanation:

Brain damage can be very damaging or minimal depending on what part of the brain is damaged.

The Tories were an English political party that… supported broad royal powers. was dominated by Roman Catholics. reflected urban business interests. supported religious toleration.

Answers

The answer would be : Reflected urban business interests. the Tories were an english political party that reflected Urban Business Interest.They have been existed back from the 17th till 19th Century in the Kingdom of England and the Kingdom of Ireland

What do the countries of the “near abroad” all have in common?

Answers

The "near abroad" is the way the Russian politicians refer to the countries that gained independence after the collapse of the Soviet Union; such as Latvia and Ukraine.

They all have a Russian minority (of the Russians who emigrated there when it was a Soviet Republic) and the Citizens of those countries often speak Russian as a foreign or native language.

Also, they often have close ties to Russia, such as trade ties due to both the geographical proximity and to the infrastructure which was established while they were a part of the Soviet Union

What was the larger goal that Baker identified for African Americans?

Answers

Answer:

See below

Explanation:

Its purpose was to lead to the cooperation between Black and white citizens in the area of social welfare, through an Interracial Divorce and the South Civil Rights Community.

Hope this helps

From 1962 to 1967, Baker worked on the staff of the Southern Conference Education Fund (SCEF). Its goal was to help black and white people work together for social justice; the interracial desegregation and human rights group was based in the South.

Other Questions

A person who dies intestate leaves his property to be distributed according to the laws of the state in which he lived. a. True b. False

The power to command or influence thought, opinion or behavior is the definition for what term?

If you use credit what are you creating