Question

Bella has a credit score of 720. based on the graph, which description most likely explains her score? she pays her bills on time and has a higher amount of debt. she has a lot of debt with a history of making late payments. she pays her bills on time and has a lower amount of debt. she has a lot of money and tends to pay her bills on time.

Answer 1

Answer: The correct answer would be that she pays her bills on time and has a lower amount of debt because her credit score are 720 which is considered a good payment point.

Explanation: The correct answer would be that she pays her bills on time and has a lower amount of debt because her credit score is 720 which is considered a good payment point.

Explanation: Credit score is known as CIBIL. By this credit, score banks gauge the creditworthiness of a person. The data listed in our credit report CIBIL generate our credit score.

A person's credit history is submitted to CIBIL by banks and other financial institutions on a particular basis.

For example, if a person has a credit score of 600 then that person cannot be considered a good creditor. In this case, the bank doesn't lend him  .