People with no prior credit history or one that shows poor repayment patterns in the past often

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People with no prior credit history or one that shows poor
repayment patterns in the past often wonder if they will ever be
able to get credit, especially in an economy when credit is diffi cult
to obtain. Simply put, why would any lender want to trust them?
Which of the following is true about the availability of credit for
people in such situations?
A. No one will ever grant them credit.
B. If they wait a few years, the situation could change.
C. If they keep searching, they will fi nd a lender that will treat
them like everyone else.
D. Credit is relatively easy to obtain even today.

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Related Book For  book-img-for-question

Personal Finance

ISBN: 9781439039021

10th Edition

Authors: E Thomas Garman, Raymond E Forgue

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