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A credit check is required for which of the following financing options?

A. Deferred payment plan
B. Installment loan
C. Rent-to-own plan
D. Deferred payment plan and installment loan

1 Answer

3 votes

Final answer:

A credit check is required for deferred payment plans and installment loans.

Step-by-step explanation:

In the financial capital market, a credit check is required for two financing options: a deferred payment plan and an installment loan. A deferred payment plan allows the borrower to make payments at a later date, while an installment loan is repaid in regular installments over a specific period of time.

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