Why might a bank offer to make a loan to a consumer at a low initial rate which will increase after a set period of time? a. too fool the customer into making an unmanageable commitmentb. too make the loan look more attractive and competitive in the long runc. too make the loan look more attractive and competitive nowd. the bank accepts making less money in the later years of the loan
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Home » Business » Why might a bank offer to make a loan to a consumer at a low initial rate which will increase after a set period of time? a. too fool the customer into making an unmanageable commitmentb.