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

What effect does a poor credit score have on an individual?A.It reveals a person's gender and ethnicity to employers.B.It tells lenders a person has not reliably paid their debts.C.It explains a person's experience and skill set to employers.D.It tells lenders the amount of money a person invests each year.SUBMITarrow_backPREVIOUS

Customers with low credit scores who apply for credit are most likely to be rejected because:A.they are applying for credit for the first time and have no history of borrowing money.B.they refuse to pay application fees to demonstrate their high level of income.C.they have agreed that they will not file for bankruptcy if their debts are too high.D.they are considered unlikely to pay back borrowed money in a timely manner.

How can a poor credit rating impact you?a) It can lead to higher loan and credit card interest rates. b) It can make it easier to obtain a mortgage. c) It can result in lower insurance premiums. d) It can have no impact on your financial life.

How does a credit score financially effect an individual? Check *ALL* that apply. aHow much you pay for auto insurance bYour ability to borrow money cHas no impact on borrowing dThe interest rate you are issued on a loan

Your credit score is not associated with:A.getting approved to rent an apartment.B.being hired by a hiring manager.C.an increase in salary.D.securing a home loan.