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Which of the following loans will typically offer the lowest interest rate?
A Payday loan
B Federal Student Loan
C Private Loan
D Both A &

Respuesta :

It is letter B., Federal Student Loan. This type of loans are offered by the federal government to students who are looking for means for their higher education costs or tuition fees. The Fed sets a maximum, but the lowest interest rates and charged fees to this type of loan.