4. Having a good credit score, making a larger down payment, and finding a cosigner with good credit are all ways to. a. Decrease your principal b. Decrease your interest rate c. Increase your term 4. Increase your total payments

## Step 1<br />The problem is asking us to identify the effects of having a good credit score, making a larger down payment, and finding a cosigner with good credit. These are all strategies that can be used to improve the terms of a loan.<br /><br />## Step 2<br />A good credit score is a positive indicator to lenders, suggesting that the borrower is likely to repay the loan on time. This reduces the risk for the lender, which often results in a lower interest rate.<br /><br />## Step 3<br />A larger down payment reduces the amount of money that needs to be borrowed. This means that the borrower is less reliant on the loan, which can also lead to a lower interest rate.<br /><br />## Step 4<br />A cosigner with good credit provides additional assurance to the lender that the loan will be repaid. This reduces the risk for the lender, which can also lead to a lower interest rate.<br /><br />## Step 5<br />Decreasing the principal, increasing the term, or increasing total payments are not directly related to the strategies mentioned in the problem. Decreasing the principal would mean borrowing less money, increasing the term would mean extending the repayment period, and increasing total payments would mean paying more over the life of the loan.