7
lesson pretestMultiple Choice

Pretest

Question 7 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

What might you expect to find out about people who are described as credit risks?

Answer
A
They have a history of not making their payments on time.
B
They are usually given a low interest rate.
C
They find it easy to get a loan from the bank.
D
They have a history of paying in full each month.

Explanation

A credit risk is someone a lender considers more likely to fail to repay a loan as agreed. A history of late or missed payments is evidence of that risk, so the best answer is “They have a history of not making their payments on time.”

AI-written and checked against the verified answer.

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