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4 votes
Which of the following would least likely have a negative impact on determining eligibility for a home loan?

a.
increasing a credit card limit
b.
losing money in investments
c.
making late car payments
d.
taking a new job with higher pay


Please select the best answer from the choices provided

A
B
C
D

User Stwhite
by
6.4k points

2 Answers

3 votes

Answer: D. taking a new job with higher pay

Step-by-step explanation:

User RamiroPastor
by
6.3k points
2 votes

Question says which would least likely have a negative impact on determining eligibility for a home loan.

LEAST likely means we have to select the option which will least affect .

So option 1 says increasing a credit card limit , although it has an impact but not that much , So for now let's check other options.

Option 2 says losing money in investments. Losing money will have a larger impact on loan approval .

Option 3 says making late car payments, Again , late car payments will have a larger impact on loan approval.

Option 4 says taking a new job with higher pay. Now here new job is giving higher pay , and this will obviously help in loan approval , and determining its eligibility.

So the answer is Option -4

User EJS
by
6.3k points
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