Question

prob 16. why might lenders offer lower interest rates to individuals with high credit scores? it is only a promotional offer from some lenders. it is because they pose a lower risk of defaulting on payments. it helps increase the total loan amount. it is a regulatory requirement.

Explanation:

Individuals with high credit scores are less likely to default on loans. Lenders offer them lower interest rates as they pose lower risk, which is a standard practice in finance to balance risk - return.

Answer:

It is because they pose a lower risk of defaulting on payments.