what did you learn? question 3 of 9 chris wants to get a cosigner for a car loan. which person would be the…

what did you learn? question 3 of 9 chris wants to get a cosigner for a car loan. which person would be the best choice? a person with some late payments on their credit card a person with no assets (car, house, or financial account) a person with bad credit but a steady job. a person with a good credit history and a car and house

what did you learn? question 3 of 9 chris wants to get a cosigner for a car loan. which person would be the best choice? a person with some late payments on their credit card a person with no assets (car, house, or financial account) a person with bad credit but a steady job. a person with a good credit history and a car and house

Answer

Brief Explanations:

A cosigner is someone who agrees to take on the liability of a loan if the primary borrower defaults. A person with a good credit history and assets (car and house) is more likely to be approved by the lender and is a more reliable option as they have the financial stability and credit - worthiness to back up the loan. Late payments, lack of assets, and bad credit make the other options less favorable.

Answer:

D. A person with a good credit history and a car and house