Multiple Choice
Jeremy is an 18 year old college student with no prior credit history, who still lives at home. He will have a part-time job while he is attending college and has applied for a car loan. In these circumstances, the bank's loan officer will most likely approve the loan if Jeremy can
A) sign over his parent's car as collateral.
B) provide a cosigner on the loan.
C) increase his student loan.
D) maintain a "B" grade average.
Correct Answer:
Verified
Correct Answer:
Verified
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