Answer: C) check the person’s credit history to make sure he or she pays debts on time.
Explanation: I doubt a bank is going to be interested in finding out if your parents are financially responsible. Their actions don’t necessarily reflect on how responsible you’ll be financially. I also doubt the bank is going to care if you graduated from Harvard or UCLA. And a bank is not someone’s petty mother, they won’t make you cancel all accounts in a competing bank just to give you a fat old “yes, approved.”