Answered

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Question 1 of 10
Someone who is applying for a loan from a bank can expect the bank to:
A. investigate the person's parents to see if they were financially
responsible.
B. request proof that the person has graduated from a good college.
C. check the person's credit history to make sure he or she pays
debts on time.
D. demand that the person close all of his or her accounts at
competing banks.
SUBMIT

Sagot :

Answer: C) check the person’s credit history to make sure he or she pays debts on time.

Explanation: I doubt a bank is going to be interested in finding out if your parents are financially responsible. Their actions don’t necessarily reflect on how responsible you’ll be financially. I also doubt the bank is going to care if you graduated from Harvard or UCLA. And a bank is not someone’s petty mother, they won’t make you cancel all accounts in a competing bank just to give you a fat old “yes, approved.”

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