Question

Which group of factors is best for getting a loan with good terms?

(1 point)
Responses

Poor credit history, a high income, and no collateral.
Poor credit history, a high income, and no collateral.

Good credit history, a low income, and valuable collateral.
Good credit history, a low income, and valuable collateral.

No credit history, an unstable income, and no collateral.
No credit history, an unstable income, and no collateral.

Good credit history, a steady income, and valuable collateral.

Answer 1

Good credit history, a steady income, and valuable collateral.

Those factors show low borrower risk (strong credit), ability to repay (steady income), and lender protection (collateral), which lead to better loan terms.