Respuesta :
the one that best explains the relationships between borrower's credit score and a down payment requirement is :
B. Someone with a high credit score may be required to make a lower down payment
Someone with high credit score usually correlated with Economic stability
hope this helps
B. Someone with a high credit score may be required to make a lower down payment
Someone with high credit score usually correlated with Economic stability
hope this helps
Answer:
B.Someone with a high credit score may be required to make a lower down payment.
Explanation:
A down payment is an initial payment that is made when you are buying things like real state or a car and the rest of the payment is made with a loan. So, when people ask for a loan to the bank, the amount approved and the initial payment are affected by the credit score the person has. If the person has a high credit score, he/she can get a higher loan which will require a lower down payment but if the person has a low score, then that person will get a lower amount and will require a higher down payment so the bank will be willing to lend the money. According to this, the sentence that best explains the relationship between a borrower’s credit score and a down payment requirement is someone with a high credit score may be required to make a lower down payment.
