which of the following things can help you get a lower interest rate when you receive a loan? a. a low…
which of the following things can help you get a lower interest rate when you receive a loan? a. a low credit score b. a history of defaulting c. using all of your available credit d. collateral please select the best answer from the choices provided
Answer
Brief Explanations:
A low credit score, history of defaulting, and using all available credit signal higher - risk to lenders, leading to higher interest rates. Collateral reduces lender risk, potentially resulting in a lower interest rate.
Answer:
D. Collateral