A factor which could make it difficult for a student to get a housing or vehicle loan in the future is: C. defaulting on a student loan.
What is a student loan?
A student loan can be defined as a governmental loan or a type of loan that is sourced from a private lender, so as to avail a student an ability to pay his or her college (university) expenses such as:
However, it's pertinent for a student loan beneficiary to pay his or her loan as at when due because defaulting on a student loan would make it difficult for him or her to secure a housing or vehicle loan in the future.
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