Business, 10.12.2020 01:10 kayleetweedy1

Why do lenders often require a down payment when credit is used to purchase a good? It reduces risk to the lender.
It eliminates interest charges.
It reduces the cost of the financed good.
It increases the cost of financing the good.

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Why do lenders often require a down payment when credit is used to purchase a good? It reduces risk...

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