One consequence, true of all 9 debt types, is missing from the list. What is it?.

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21-12-2022
Business

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One consequence, true of all 9 debt types, is missing from the list. What is it?.

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SanofarAfrin SanofarAfrin · Answer 1 · 2022-12-24T07:50:24-05:00

Examples of debt include loans for a new kitchen, car, house, or education, as well as credit cards used to spread out the expense of large expenditures or raise your credit score.

Which nine loan types are there?

There are nine different kinds of debt.

debts with and without security
Bank cards
Individual loans
education loans
Mortgages
car loans
Overdrafts
Order now, pay later

The interest-free loan is therefore the one that is lacking.

How do interest-free loans work?

Personal loans with unique terms that enable interest-free borrowing fall under the category of interest-free loans. Depending on how you use the loan, there may be special borrower criteria. The risk is that you can lose the things you used the loan for if you are unable to make payments.

Learn more about interest-free loan: https://brainly.com/question/27236722

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