A Loan Rollover Means That

Multiple Choice

A loan rollover means that:

A) the loan is paid off by taking out another loan.
B) the loan is repaid without any defaults in payments.
C) the interest on the new loan is lower than the previous loan.
D) the maturity period of the new loan is longer than the maturity period of the original loan.
E) the new loan will not have any processing fees.