asked 83.2k views
5 votes
Because of the compounding effect:

A) a small loan balance can become large
B) a large loan balance becomes smaller
C) people with low credit scores often have difficulty obtaining loans
D) people with high credit scores often have difficulty obtaining loans

2 Answers

5 votes
C) people with low credit scores often have difficulty obtaining loans!
answered
User Rogersillito
by
8.4k points
6 votes
I think the answer is C
answered
User Yehuda Schwartz
by
8.8k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.