Answers CPS Online Personal Finance fall – 3-2027 3.7 How Credit WorksQuestion 7

7

QuizMultiple Choice

3.7 How Credit Works

Question 7 • ***CPS Online Personal Finance fall – 3-2027

APR on a loan may be adjusted based on a borrower’s

Answer

A

offered collateral.

B

credit history.

C

loan fees.

D

scheduled repayments.

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