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Question 6 of 10

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

User John Robertson Nocos
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1 Answer

8 votes
8 votes

Answer:

A. it causes Banks to charge the person higher interest rates on the loan

User Akshay Goyal
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