Suppose a bank offered to make loans to potential borrowers without checking their credit history. What would be true of the types of borrowers they would attract compered with banks that did check...

Suppose a bank offered to make loans to potential borrowers without
checking their credit history. What would be true of the types of
borrowers they would attract compered with banks that did check
credit history. Would such a bank charge the same interest rate
on loans as banks that check credit history? Explain those with a
reason in 4 lines.