When you apply for a credit card, the potential creditor will look at which of the following as a source of future debt payments if necessary?
A) Cash outflows
B) Credit history
C) Potential inheritances
D) Balances in savings accounts

Question

Quizplus · Accepted Answer

Creditors consider balances in savings accounts as a source of future debt payments because they represent liquid assets that can be used to pay off debt if necessary.

When You Apply for a Credit Card, the Potential Creditor