Question

Tracy applied for a home loan from her bank. The bank is willing to give her the loan but at a very high interest rate. Why do you think the bank is charging her a high interest rate? A. low amount of credit left B. good payment history C. bad payment history D. high number of bank accounts

Answer 1

C

Step-by-step explanation:

If you put a high interest, and you know she is more likely to not pay for a while, than you would try to profit most of them.

Answer 2

She might have a bad payment history.

Step-by-step explanation:

She must have payed back her loans late, so they charged made the interest at a very high rate.

Hope this helps....

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