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Question
tamera and rupert each applied for the same credit card through the same company. tamera has a positive credit history. rupert has a negative credit history. which compares their credit limits and likely interest rates?
○ tamera’s credit limit is most likely higher than rupert’s, and her interest rate is most likely lower.
○ tamera’s credit limit is most likely lower than rupert’s, and her interest rate is most likely higher.
○ rupert’s credit limit is most likely higher than tamera’s, and his interest rate is most likely lower.
○ rupert’s credit limit is most likely lower than tamera’s, and his interest rate is most likely lower.
In credit systems, a positive credit history (like Tamera's) typically leads to a higher credit limit and lower interest rates, while a negative credit history (like Rupert's) leads to a lower credit limit and higher interest rates. So Tamera's credit limit is higher than Rupert’s, and her interest rate is lower.
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Tamera’s credit limit is most likely higher than Rupert’s, and her interest rate is most likely lower.