this year, mr. thomas has a higher credit score than he did last year. which of the following should mr…

this year, mr. thomas has a higher credit score than he did last year. which of the following should mr. thomas expect with the improved score? check all that apply. a more difficult time borrowing money to buy a house an easier time getting a car loan an easier time renting an apartment a denial when opening a bank account higher interest rates on credit cards

this year, mr. thomas has a higher credit score than he did last year. which of the following should mr. thomas expect with the improved score? check all that apply. a more difficult time borrowing money to buy a house an easier time getting a car loan an easier time renting an apartment a denial when opening a bank account higher interest rates on credit cards

Answer

Brief Explanations:

A higher credit - score generally indicates lower credit risk to lenders. So, it becomes easier to get loans (like car loans), easier to rent an apartment as landlords see less risk. A higher score doesn't make borrowing for a house more difficult, doesn't lead to bank - account opening denial, and usually leads to lower, not higher, credit - card interest rates.

Answer:

an easier time getting a car loan an easier time renting an apartment