How often is the rate subject to change? Can f afford the maximum possible monthly payment? Is there a maximum rate? Given the long list of relevant loan-related considerations described above, the paradox of choice often arises when attempting to make borrowing decisions. Which of the following phrases addresses the characteristics and recommended solutions for this phenomenon? Check all that apply. Be prepared to ask for assistance Arises when there are too few alternatives and you wish you had more features or option to select from Keep it simple and select the easiest of least expensive alternative Prepare a list of possible alternatives and make a random selection How often is the rate subject to change? Can f afford the maximum possible monthly payment? Is there a maximum rate? Given the long list of relevant loan-related considerations described above, the paradox of choice often arises when attempting to make borrowing decisions. Which of the following phrases addresses the characteristics and recommended solutions for this phenomenon? Check all that apply. Be prepared to ask for assistance Arises when there are too few alternatives and you wish you had more features or option to select from Keep it simple and select the easiest of least expensive alternative Prepare a list of possible alternatives and make a random selection