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

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

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.

Banks and lenders use credit scores to determine . . .The likelihood that someone is able to repay debtHow much collateral someone has available to put up for a loanA person's financial responsibilityHow successful someone is