A business regularly extends credit to customers for large purchases with a standard interest rate of 5 percent. There is also a $200 installment fee that is added to the total cost of the purchase. What should the business do before extending credit to a regular customer?
A. Ask the customer the monthly payment they can afford.
B. Check the customer's credit report to minimize the risk.
C. Nothing since the customer has a history with the company.
D. Require the customer to tell the business about any existing debts.