Question

select the correct answer.
carol wants to purchase a used car, but she does not have a good credit score. which of the following financial institutions is most likely to give her a loan despite her low credit score?
a. brokerage firm
b. financial service company
c. credit union
d. savings and loan association

Explanation:

Brokers (A) facilitate transactions, credit unions (C) and savings/loan associations (D) typically have stricter credit requirements. Financial service companies (B) often provide loans to those with lower credit scores as they may take on higher - risk borrowers for higher interest rates.

Answer:

B. financial service company