77.3k views
10 votes
(ECONOMICS)

Question 9 of 10
How does a low credit score affect a person who applies for a loan?
O A. It allows banks to give the person a loan without checking his or
her tax records.
O B. It makes banks more likely to give the person a large, long-term
loan.
O c. It causes banks to charge the person higher interest rates on the
loan.
O D. It makes it easier for the person to get a loan with a poor debt-to-
income ratio.

2 Answers

3 votes

Answer:

c

Step-by-step explanation:

a bank will most likely charge more interest because a low credit score shows that you are more of a risk to give a loan to

User Sacohe
by
4.7k points
12 votes

Answer:

c

Explanation:

User DAC
by
5.2k points