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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.
Good credit indicates responsible financial behavior. Lenders (banks, loan companies) offer favorable terms like low interest rates and easier borrowing access to those with good credit. The other options (denied rental, high interest rate, employer viewing as irresponsible) are results of poor credit.
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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