19
QuizMultiple Choice

Credit and Loans — Test

Question 19 • Personal Finance

Government regulations on credit aim to

Answer
A
support those borrowing credit.
B
ensure lenders are repaid.
C
educate lenders about consumers.
D
help borrowers pay on time.

Explanation

Government credit regulations are designed to protect and support people who borrow money, for example by requiring clear disclosure of loan terms and limiting unfair lending practices. They do not guarantee that lenders will be repaid or ensure every borrower pays on time. The best choice is “support those borrowing credit.”

AI-written and checked against the verified answer.

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