Answered

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Suppose you need to borrow more than $5,500 during your Freshman year of

college. Where do you think you can obtain that loan?

Sagot :

sandlee09

Answer:

Parents, Friends, Private Loan companies, or even government financial aid programs

Explanation:

There are various ways to obtain that loan, you can obtain it through Parents, Friends, Private Loan companies, or even government financial aid programs. All of these have their pros and cons. Most likely through family and friends, you will not have to pay any interest on your loan so it may be the best option. Private Loan companies will give you the loan but may charge a heavy interest fee. Financial aid programs aren't always guaranteed and you will need to provide constant proof of your grades to continue receiving the loan.

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