use the scenario to answer the question.
Maria Ivanov has owned a successful clothing boutique chain for 20 years. She has gone into depth several times to expand her business. Each time, she paid off the debt in full sooner than expected.
How will Maria’s record affect the loans she is offered?
a. She will be offered longer terms.
b. She will be offered shorter terms.
c. She will be offered lower interest rates.
d. She will be offered higher interest rates.
c. She will be offered lower interest rates.
Maria's track record of successfully paying off debts in full sooner than expected demonstrates her financial responsibility and reliability. Lenders are more likely to view her as a low-risk borrower and offer her lower interest rates as a result.