Question

Which of the following would least likely be used to determine your eligibility for a home loan?

a. credit history report
b. current utility bills
c. recurring debt total
d. savings account balance

Answer 1

yeah it's B.

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Answer 2

The answer is: b. current utility bills

By looking at your current utility bills, the loan provider could assess your ability to manage your finance along with your financial strength. Your eligibility for a home loan would be higher if your current utility bills only took a small percentage of your overall income.