4 multiple choice 1 point zach is applying to be preapproved for a car loan. which of the following will his…

4 multiple choice 1 point zach is applying to be preapproved for a car loan. which of the following will his loan approval most likely depend on? his down payment his credit report/score his credit report/score and income his income and down payment

4 multiple choice 1 point zach is applying to be preapproved for a car loan. which of the following will his loan approval most likely depend on? his down payment his credit report/score his credit report/score and income his income and down payment

Answer

Answer:

C. His credit report/score and income

Brief Explanation:

Lenders assess credit - worthiness via credit report/score and ability to repay via income for loan approval.