Question

There is a great deal of difference in interest rates between _____.

Answer 1

There is a great deal of difference in the interest rates between excellent and poor credit ratings.

• The higher credit score there is the lower interest rates are to be paid and the lower the credit rate the higher the interest score.
• Borrowers with poor credit pay a higher rate of interest as their debts are more likely to default. To counter this greater risk, lenders charge higher interest rates to bad credit borrowers to account for the higher risk of loss.

Answer 2

Answer: C. excellent and poor credit rating

Reason: I just took the quiz and got 100%