As the game says, most borrowers only pay attention to the monthly payment when taking out a loan. Why do you think this is?.

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01-03-2022
Business

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As the game says, most borrowers only pay attention to the monthly payment when taking out a loan. Why do you think this is?.

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Martebi Martebi · Answer 1 · 2022-03-04T10:26:58+01:00

A lot of borrowers only pay attention to the monthly payment when taking out a loan because they budget monthly.

Why do borrowers only pay attention to the monthly payment?

A borrowers is known to focus on monthly payments as against the total cost of one's loan.

A monthly budget is known to be one that accounts for the money that is said to goes in and out of one's financial accounts in course of one month.

Learn more about budget monthly from

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