Asked by halal

If you have a low credit score, lenders are more likely to give you what type of interest rate?
A.
A low interest rate
B.
A high interest rate
C.
A default interest rate
D.
A creditor interest rate


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
B

Explanation: A low credit score indicates higher risk to lenders, so they typically charge a higher interest rate.