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It is important to shop around for credit because banks and financial institutions have varying credit histories. charge different fees. follow different laws. have varying discriminatory policies.

Sagot :

Answer:

follow different laws

Explanation:

In simple words, Shopping around is really a good idea, whether you're obtaining your first credit account or you've already established credit and want more of it. Searching widely is often the only way to locate a lenders that will cooperate with you. It's also the greatest method to obtain a decent bargain in some instances.

Different creditors have different laws, which affect their terms and conditions regarding interest rate, tenure etc.

Answer:

C

Explanation:

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