Respuesta :
Before a person borrows money from a financial institution, they should make sure they can afford to pay it back even with the added on interest rate. When you take out a loan, depending on what it is for, different banks have finance charges they will place on the loan that the borrower is responsbile for paying as well. By adding a finance charge to the loan, the amount rises, but it allows the bank to collect money for lending money out.
