Question

Which are examples of results of good credit? Check all that apply.
An apartment complex denies your rental application.
A bank gives you the lowest interest rate for a personal loan.
A company offers you a car loan with the highest interest rate.
An employer believes you are irresponsible and decides not to hire you.
You find it easy to borrow money when you need it.

Answer 1

Answer:

B - A bank gives you the lowest interest rate for a personal loan.

E - You find it easy to borrow money when you need it.

Step-by-step explanation:

Just Did It On Edge :)

Answer 2

When one has good credit, the following will happen:

• A bank gives you the lowest interest rate for a personal loan.
• You find it easy to borrow money when you need it.

A person's credit rating refers to how trustworthy they are when it comes to repaying debt. A person with a higher credit rating has a lower chance of not paying back.

As a result of this:

• Banks will give the person low rates because they don't think the person is risky
• The person will be able to borrow money easily when they need it because lending companies trust them.

In conclusion, good credit allows for lower rates and more loan accessibility.

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