Some creditors may also extend credit at higher interest rates to individuals who: (Select the...

90.2K

Verified Solution

Question

Finance

Some creditors may also extend credit at higher interest rates to individuals who: (Select the best answer below.)
A. have a credit score below 400.
B. can show they will gain a large inheritence.
C. have purchased a home in the past year.
D. have a higher risk of defaulting.
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students