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Casey has been saving for a new car and is ready to make a purchase. having a substantial amount to put down as a down payment, casey approaches the car dealership. the salesperson and the loan officer view casey's willingness to make a high down payment positively. why would casey be considered a lower risk by the lender for planning to make a high down payment?
a. it shows that casey prefers a high-interest rate. b. it shows that casey is committed to paying off the loan. c. it shows that casey may not need a loan at all. d. it shows that casey might refinance the loan soon.
Sagot :
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