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-economics

What is one strategy banks use to make sure people pay back their loans on
time?
A. Criminal prosecution for late payments
B. Increasing credit scores for late payments
C. Charging fees for late payments
D. Lowering interest rates for late payments

Answer :

DERRIANJOSEPH13GO DERRIANJOSEPH13GO

Answer:c

Explanation:because they would have to pay more over time

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