Question

When applying for credit, what information should borrowers research? Check all that apply.

fees
government regulations
interest rates
introductory rates
required repayments

Answer 1

Select: fees; interest rates; introductory rates; required repayments.

Explanation: borrowers should compare fees (annual, origination, late, etc.), the ongoing APR/interest rates, any introductory (teaser) rates and how/when they change, and the required repayment schedule/amounts. While it's useful to know basic consumer protections, researching detailed government regulations is not typically required when comparing credit offers.