Why is your credit score important? Select all that apply.

Question

(1 point)
Responses

A. Banks use it to determine whether you qualify for a loan.

B. It can affect your interest rate.

C. It eliminates interest and fees from your loans.

D. It insures your money in case your bank fails.

Answer 1

A. Banks use it to determine whether you qualify for a loan.
B. It can affect your interest rate.