Which is most likely to happen to consumers with good credit? Check all that apply. They can be approved for loans.
They are denied a mortgage.
They can receive lower interest rates.
They are denied an unsecured loan.
They can use credit in emergencies.
They are forced into high interest rates.

Statements that explains things that most likely to happen to consumers that has good credit are;

They can be approved for loans.

They can receive lower interest rates.

They can use credit in emergencies.

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They can be approved for loans.

They can receive lower interest rates.

They can use credit in emergencies.

Explanation:

Good credit history is a result of sound debt management habits. A person with good credit is disciplined in the use of credit facilities. They are characterized by

Lenders consider an individual with good credit as low-risk customers. Due to this reason, they are advanced loans at lower interest rates. Customers with good credit get their credit approvals within a short period.

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