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What do banks and other lenders use to evaluate your ability to repay a loan? A. bankruptcy B. credit score C. debit D. interest rate

What do banks and other lenders use to evaluate your ability to repay a loan? A. bankruptcy B. credit score C. debit D. interest rate
asked 121k views
19 votes
What do banks and other lenders use to evaluate your ability to repay a loan?

A. bankruptcy
B. credit score
C. debit
D. interest rate

asked
User Frank LaRosa
by
8.1k points

1 Answer

4 votes
Answer: B

Explanation: Your credit score is made up of different factors. One of them is payments on assets and lines of credit. Lenders will see if your score is higher, you make payments on time.
answered
User Calder
by
7.9k points
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