Which best describes a way people can use personal loans

Posted By Admin @ September 04, 2022

Question:

Which best describes a way people can use personal loans?

A-to buy a house
B-to buy a bicycle
C-to pay for college
D- to pay for groceries

Answer:

Answer:

To pay for groceries

Explanation:

Personal loan is a type of unsecured loan which a person takes to fulfill his basic daily financial needs. And it is quite flexible, means the borrower is free to use as per his/her need. For example, travelling costs, groceries, medical emergencies, home renovation etc.

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