Question

levi applies for a number of credit cards. soon he has large balances on all of them and makes only the minimum payments. how could this affect him?
lenders could take his home.
lenders could offer to erase his debt.
lenders could avoid giving him more credit.
lenders could reward him with higher credit limits.

Explanation:

Levi’s large credit card balances and minimum payments indicate high credit risk. Lenders typically avoid extending more credit to high-risk borrowers. Taking his home is extreme (requires secured debt default, not just credit cards). Erasing debt or rewarding with higher limits are unlikely for risky behavior.

Answer:

Lenders could avoid giving him more credit.