Solved

Some Borrowers with Low Credit Scores Have Difficulty Finding Any

Question 3

Multiple Choice

Some borrowers with low credit scores have difficulty finding any lenders willing to make loans to them.These people typically have seriously flawed credit histories that may include failure to make payments on credit cards or on car loans or they may have declared personal bankruptcy in the recent past.These borrowers are often referred to as


A) payday borrowers.
B) default-risk intermediaries.
C) subprime borrowers.
D) bankrupt customers.

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents