After your loan application is submitted, who decides if you get approved for the loan?
a. credit agency
b. credit bureau
c. FICO
d. collections agency
e. loan underwriter
I pick e.

1. 0
2. 10
1. Correct!

1. 0
posted by Da Fash
2. People with a higher credit score typically pay _________ interest rates when borrowing money which _________ the cost of borrowing.
a. lower, increases
b. higher, increases,
c. lower, decreases
d. higher decreases
e. lower, doesn't effect
I pick e.

1. 0
posted by Jamye
3. I disagree. Not e.

1. 0
posted by Ms. Sue
4. c. it would lower the interest rates and decreases the cost of borrowing

1. 0
posted by Jamye
5. Yes, c.

1. 0
posted by Ms. Sue

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