Karen needs to borrow $2,500 for the repair of the oven in herbakery. She uses her problem-solving skills and finds a lenderthrough an online lending platform who agrees to loan her the moneyshe requires.
Which type of loan is Karen opting for in the givenscenario?
A. Payday loan
B. Title loans
C. Pawn shop loan
D. Peer-to-peer lending
Karen needs to borrow $2,500 for the repair of the oven in her bakery. She uses her problem-solving skills and finds a l
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