Question

yoko is buying a car from a local car dealership. she wants to get the lowest interest rate possible. which will most likely help her get the lowest interest rate?

○ asking nicely
○ making sure she has a positive credit history
○ explaining that she has many outstanding loans
○ showing her driver’s license

Explanation:

To get the lowest interest rate for a car loan, lenders assess creditworthiness. A positive credit history shows reliability in repaying debts, reducing the lender's risk, so it’s likely to help get a lower rate. Asking nicely, having many outstanding loans (which increases risk), or showing a driver’s license (not related to creditworthiness) don’t impact interest rates like credit history does.

Answer:

B. making sure she has a positive credit history