which is most likely to happen to consumers with good credit? check all that apply.\nthey can be approved…

which is most likely to happen to consumers with good credit? check all that apply.\nthey can be approved for loans.\nthey are denied a mortgage.\nthey can receive lower interest rates.\nthey are denied an unsecured loan.\nthey can use credit in emergencies.\nthey are forced into high interest rates.

which is most likely to happen to consumers with good credit? check all that apply.\nthey can be approved for loans.\nthey are denied a mortgage.\nthey can receive lower interest rates.\nthey are denied an unsecured loan.\nthey can use credit in emergencies.\nthey are forced into high interest rates.

Answer

Answer:

  • They can be approved for loans.
  • They can receive lower interest rates.
  • They can use credit in emergencies.

Brief Explanations:

Good - credit consumers are more likely to be approved for loans as they are seen as less risky. Lenders offer them lower interest rates due to their credit - worthiness. They can also use credit in emergencies as they have a good credit standing. In contrast, they are not likely to be denied a mortgage or an unsecured loan, nor forced into high interest rates.