Question

managing credit
use what you have learned about managing credit to complete these sentences.
filing for bankruptcy can blank wealth.
a major consequence of blank is that it can blank an individual’s chances of receiving additional credit.
(options for blanks: increase, eliminate)

Explanation:

Filing for bankruptcy is a negative financial event that severely impacts an individual's creditworthiness. Lenders view bankruptcy as a high - risk factor, so it would not increase the chances of getting additional credit. Instead, it can eliminate or greatly reduce the chances as it shows the individual had difficulty repaying debts, making lenders reluctant to extend more credit.

Answer:

eliminate