Ben is looking at banks for checking and savings accounts. Some offer car loans and others do not. Ben may need a car loan sometime in the next few years. But Ben wonders if he should really ask what kinds of loans the bank makes, because he is getting a checking account, not a car loan. Which statement below gives the best reason for Ben to consider loan availability in choosing a checking account?

Question

Ben is looking at banks for checking and savings accounts. Some offer car loans and others do not. Ben may need a car loan sometime in the next few years. But Ben wonders if he should really ask what kinds of loans the bank makes, because he is getting a checking account, not a car loan. Which statement below gives the best reason for Ben to consider loan availability in choosing a checking account?
a.
The bank offers $10 to customers who get a pre-approval for a car loan.
b.
If he needs a car loan in the future, he will have a relationship of trust with the bank.
c.
The bank provides ATMs that are particularly useful for people who drive.
d.
Banks that provide car loans can usually charge lower fees.

GPT-4o mini · Answer

The best reason for Ben to consider loan availability in choosing a checking account is:

b. If he needs a car loan in the future, he will have a relationship of trust with the bank.

This statement highlights the importance of establishing a relationship with the bank, which could be beneficial if Ben decides to apply for a car loan later.