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Someone who is applying for a loan from a bank can expect the bank to:
OA. investigate the person's parents to see if they were financially
OB. request proof that the person has graduated from a good college.
OC. check the rson's credit history to make sure he or she pays
responsible.
debts on time.
O D. demand that the person close all of his or her accounts at
competing banks.

Sagot :

Answer:the answer is c

Explanation:

The bank needs to know if the person is reliable and trustable with the banks money so that they know they will get the money back. If you could give me brainliest answer that would be great!

The bank will check the person's credit history to make sure that the customer pays the debts on time, and this is to be done by the bank before providing loans. Therefore, Option C is correct.

What do you mean by credit history?

Credit history is a reflection of financial responsibility and capacity to repay loans.

A credit report contains information on it, along with the number and types of credit accounts that a customer has, as well as information about how long each account has been open and the amounts outstanding, credit limits used, on-time payment history, and the number of recent credit inquiries.

Therefore, The bank will check the person's credit history to make sure that the customer pays the debts on time, and this is to be done by the bank before providing loans. Option C is correct.

learn more about credit history:

https://brainly.com/question/2136336

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