Yahoo Answers is shutting down on 4 May 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

? asked in Business & FinanceInvesting · 3 weeks ago

How is interest paid on rental or real property different from interest paid on credit cards?

Is the process the same or different?

2 Answers

Relevance
  • kswck2
    Lv 7
    3 weeks ago

    The process is the same, but one is unsecured and one is not, and the rates(risk) is different. 

  • Anonymous
    3 weeks ago

    One is based on real property and the other is unsecured.  The interest rate on the credit card should be higher due to additional risk.

Still have questions? Get answers by asking now.