36 | Basic Financial Literacy at rrur satnsgtehme ebnotr rioswbeur itl ot founl f i ltlrtuhset i, r wr ehpearyemtehnet ol ebnl idgear- tion W . hen a lender extends credit to a borrower, they amses ne st s etvhael ubaot rerso wv aerri’os uasb iflai tcyt otros , r espuac yh. Ta sh i st haes sbeos sr -- rhoewa l et hr ’. s Ccrreeddi itt theirsmt osr yi n, ci nl uc do em teh, ea nadmoovuenrta lbl of ri nr oa nwcei da l, tahsesoicnitaetreedsftereast.e, the repayment schedule, and any o an f n b I u n o a t r e r l r o p e w e s r i t n c is g e n a m t k a o e g n y e e c y r o a a m t n e p d ( o A i n s P e u R n s ) t u . o a T f l h c ly r e e e d b x i o p t r . r r I e t o s i w s s e e t d h r e a m s c u o a s s n t t rbeopr ar oy wt ehde ) parl oi nncgi pwa li t ha mi notue nr et s t( ,t hweh iocrhi gci on ma l paemn soaut enst tinhge mleonndeeyr.for the risk and opportunity cost of lend- b to u s p Y i r n o o e u v s s i s d h w e o u i s t e l h d r v m a i l c a s e y o s r n t e o o l t y e y o o t n h u a , y t e o o v u t e r h n s e t t r r h c o o o n u m g g p h cr a y e n o d ie u it s a h y r i o s e u t o n d r o o y t by oo ur raopwpilny gf omr aonn ea yp afrrtomme nt thoe rmh. oFuos re teox raemn pt loer, ews thaebn- lt iosrhy uptri ol i vt iiedse sf ogrr ye oa tuerr nc eown f ihdoemn cee, at hsattr oy no ug wc riel ldhi tohniosr- yy oo uu rt rf ianvaenl ,cri aelnot ibnlgi gaa tci oa nr sa n( id. e s. , epcauyr i nt hgear ehnott)e.l Wr ohoemn mi n ag yaagl sooo rde cqruei dr ei t chr iesdt oi t r. yT hi su si m, bpuoi lrdt ai nngt at on df umn ac it ni ot na i ni n- our current economy.
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