Answer :
The correct answer is:
A. check the person's credit history to make sure he or she pays debts on time.
When someone applies for a loan from a bank, the bank will typically check the applicant's credit history. This is done to assess the person's creditworthiness and determine if they have a history of repaying debts on time. A good credit history indicates that the person is likely to repay the loan as agreed, while a poor credit history may make it more difficult to qualify for a loan or could result in higher interest rates. By reviewing the credit history, the bank can make an informed decision about whether to approve the loan and under what terms.
A. check the person's credit history to make sure he or she pays debts on time.
When someone applies for a loan from a bank, the bank will typically check the applicant's credit history. This is done to assess the person's creditworthiness and determine if they have a history of repaying debts on time. A good credit history indicates that the person is likely to repay the loan as agreed, while a poor credit history may make it more difficult to qualify for a loan or could result in higher interest rates. By reviewing the credit history, the bank can make an informed decision about whether to approve the loan and under what terms.
