which of the following are more likely to happen if you have bad credit? check all that apply. being denied…

which of the following are more likely to happen if you have bad credit? check all that apply. being denied a mortgage being denied an unsecured credit card having to pay higher interest rates on loans getting a great interest rate on a car loan having a strategy for dealing with a financial emergency

which of the following are more likely to happen if you have bad credit? check all that apply. being denied a mortgage being denied an unsecured credit card having to pay higher interest rates on loans getting a great interest rate on a car loan having a strategy for dealing with a financial emergency

Answer

Brief Explanations:

Bad credit indicates a history of poor credit - related behavior. Lenders are less likely to approve loans (like mortgages and unsecured credit cards) and may charge higher interest rates to offset risk. A great car - loan interest rate is unlikely, and having a financial - emergency strategy is not directly related to credit score.

Answer:

  • being denied a mortgage
  • being denied an unsecured credit card
  • having to pay higher interest rates on loans