He opted for smaller interest rates with somewhat higher repayment amounts over a shorter period of time. (badcreditloanservices.com)
And this makes sense: You are suggesting making an identical payment to either loan, so the one with smaller interest charges would certainly be better. (money.stackexchange.com)
I'm assuming they will make enough money to pay the relatively small interest charges on the debt along with all other expenses associated with the insurance company. (basehitinvesting.com)