Lenders use your credit score -- to see if you've earned your degree to criticize your financial habits to understand how likely you are to pay back the money you borrow to punish you for having good financial habits

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter21: Financial Markets, Saving, And Investment
Section: Chapter Questions
Problem 7P
icon
Related questions
Question
Lenders use your credit score --
to see if you've earned your degree
to criticize your financial habits
to understand how likely you are to pay back the money you borrow
to punish you for having good financial habits
Transcribed Image Text:Lenders use your credit score -- to see if you've earned your degree to criticize your financial habits to understand how likely you are to pay back the money you borrow to punish you for having good financial habits
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Loan
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Exploring Economics
Exploring Economics
Economics
ISBN:
9781544336329
Author:
Robert L. Sexton
Publisher:
SAGE Publications, Inc
Economics Today and Tomorrow, Student Edition
Economics Today and Tomorrow, Student Edition
Economics
ISBN:
9780078747663
Author:
McGraw-Hill
Publisher:
Glencoe/McGraw-Hill School Pub Co
Principles of Economics 2e
Principles of Economics 2e
Economics
ISBN:
9781947172364
Author:
Steven A. Greenlaw; David Shapiro
Publisher:
OpenStax