Question:Why do banks charge higher interest rates from customers with poorer credit? 

A As a moral penalty 
B To create a disparity between the rich and the poor 
C Due to risk based pricing policy i.e. charging a higher rate from customers more likely to default 
D To dissuade poor credit customers from banking 

+ Answer
B 

+ Explanation
Answer not sure

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Md. Habib Ullah

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