In order to determine which plan has a lower cost of credit, you would need to compare the interest rates, fees, and repayment terms of the different plans. Typically, the plan with the lower interest rates, fewer fees, and more favorable repayment terms would have a lower cost of credit. It is important to carefully review and compare the terms and conditions of each plan before making a decision. Additionally, considering the total amount of interest you would be paying over the life of the loan or credit line can also help in determining the lower cost of credit.
