Question

Which phrase best completes the diagram of the credit approval process?
?
Customer fills
out credit
application
Lender reviews
applicant's
credit score
Lender
approves or
denies credit
A. Customer files for bankruptcy protections
B. Customer selects simple or compound interest
C. Customer makes first minimum monthly payment
D. Customer researches different credit cards

Answer 1

Answer: d

Customer researches different credit cards

Explanation:

Answer 2

A customer files out the credit application and the lender approves or denies the credit is due to the customer researching different credit cards. Hence the option D is correct.

What is a credit card?

A credit card is a card or the plastic money hat can be used for purchasing and transferring the balances the card is needed for paying the loan amount and hence a minimum payment is need to be made every month. The credit card has various offers on various deals and hence can be used for getting cash backs

Find out more information about credit cards.

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