Allison is looking to buy a new car but has a low credit score. Which of the following statements is FALSE?

She can get pre-approved for loans with good terms and use them to negotiate for a good loan with the dealership

She is more likely to get a loan with a low interest rate

She is more likely to get a loan with a high interest rate

She may not be approved for the loan at all

The correct answer is letter "B": She is more likely to get a loan with a low interest rate.

Explanation:

People with a low credit score are considered riskier for financial institutions. Whether they have fallen into debt in the past or have little to no payment history, thus, banks cannot clearly determine if they are able to make the repayment of their debts or not.

Then, individuals with a low credit score are unlikely to obtain loans -if they do- with low-interest rates.

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.