low-interest
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(used of loans) charging a relatively small percentage of the amount borrowed
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Low-interest generally refers to a situation where the interest rate set or offered is below the standard rate typically expected or available in the market. It is often applied in a financial context, referring to low rates on loans, credit cards, or other forms of credit extended by banks or other lending institutions. Lower interest rates often mean lesser costs for borrowing, making it more affordable for individuals or businesses.
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