Tracy applied for a home loan from her bank. the bank is willing to give her the loan but at a very high interest rate . why do you think the bank is charging her a high interest rate
-low amount of credit left
-good payment history
-bad payment history
-high number of bank accounts

bad payment history

Explanation:

Having a good credit history is one way of accessing loans from banks easily and also a lower interest rate, this is because the bank won't  feel that at risk  when granting you the loan facility. but with a very Bad payment history the Banks tend to weigh in the risks of you not paying up the loan on time or even completely so they would want to mitigate their losses by charging you a higher interest rate as compared to when you have a good payment history and also indirectly discouraging you from taking out the loan

answer; niosh, the national institute for occupational safety and health;