12
QuizMultiple Choice

Credit and Types of Loans — Test

Question 12 • Financial Math

Aarya has been saving for a vacation and decides to apply for a travel loan of $5,000. Her credit score is 750. What is the most likely outcome of her loan application?

Answer
A
She is approved at a low interest rate.
B
She is denied the loan.
C
She is approved for a larger loan than requested.
D
She is approved but at a very high interest rate.
Previous
Next