People with bad credit were getting higher interest rates


Discussion

People with bad credit were getting higher interest rates than people with good credit. The main reason is because the bank was taking a huge risk if the person defaults on the loan. In the end it causes the banks to increase the rates across the board to cover the previous defaults. Do you agree that if you want the American dream you have to work hard for it?

Solution Preview :

Prepared by a verified Expert
Dissertation: People with bad credit were getting higher interest rates
Reference No:- TGS02435124

Now Priced at $15 (50% Discount)

Recommended (92%)

Rated (4.4/5)