Why do lenders request to look at your credit report before you can borrow money?

They want to see how much money you have money you have in savings for the product you want to purchase

They want personal information, such as your high school and college GPAs, to deem creditworthiness

They can interpret your values and character based on your everyday purchases and assess your creditworthiness

They want to see how responsible you are in making payments on existing debt

The correct answer is letter "D": They want to see how responsible you are in making payments on existing debt.

Explanation:

Financial institutions always run a credit report on borrowers to find their credit behavior. Banks cannot take the risk of lending money to individuals who are prone to fall into debt and not repay the money lent. Only people with a good credit history are likely to be accepted in loan applications.

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the answer is: a greater percentage chance of loss

high risk investments had the characteristic of higher percentage of great return accompanied with higher percentage chance of loss.

this type of investments usually only suitable for investors that have enough capital to survive in case one or more of their investments fail. examples of high-risk investments are stocks and currencies.