Ask question

Ask question

All categories

3 years ago

6

Which of the following is true of a person with a high credit score?

2 answers:

Veronika [31]3 years ago

5 0

Option A is correct as they are more likely to pay bills on time.

Further Explanation:

Given:

The options are as follows.

(A) They are more likely to pay bills on time.

(B) They are less likely to pay off debts.

(C) They probably have a high balance on multiple credit cards.

(D) Both B and C are correct.

Explanation:

A score is given to the credit card holder that is known as the credit score.

Credit score is used by banks and lenders for giving loans to the individual or company.

Credit score is used to make decisions about whether the loan is to offer or not to the individuals.

Credit score is also used by the automobile industry for giving car loans.

High credit score means that the person is paying his bills on the time without due.

Option A is correct as they are more likely to pay bills on time.

Option B is not correct if they are less likely to pay off debts the credit score will be low.

Option C is not correct.

Option D is not correct.

Learn more:

1. Learn more about inverse of the function <u>brainly.com/question/1632445. </u>

2. Learn more about equation of circle <u>brainly.com/question/1506955. </u>

3. Learn more about range and domain of the function <u>brainly.com/question/3412497 </u>

<u />

Answer details:

Grade: High School

Subject: Mathematics

Chapter: Credit Risk

Keywords: probably, bills, high balance, high credit, bills on time, depts., pay off depts., credit cards, debit cards, high credit score.

egoroff_w [7]3 years ago

4 0

Answer:

The correct answer is :A :They are more likely to pay bills on time.

Step-by-step explanation:

Which of the following is true of a person with a high credit score?

A : They are more likely to pay bills on time.

High credit scores are given to those who pay off their debt with time. Good credit scores are important to get loans. Bad credit scores are allotted to those who do not pay their bills on time. These people face problems while applying loans and either they do not get loans or get it at very high interest rates.

You might be interested in

What is the measure of angle x?<br>Enter your answer in the box.<br>X =<br>9

Svet_ta [14]

Answer:

X=9?

90°

Step-by-step explanation:

4 0

3 years ago

Select all the numbers that are common multiples of 4 and 6.

Verdich [7]

Answer:

12, 24, and 60.

Step-by-step explanation:

It says multiples. Not factors, so it can't be 1 or 2. Neither of the numbers can make the number 10. 4 can make 40, but 6 can't.

8 0

3 years ago

Read 2 more answers

There are 4 semi-trailer trucks parked in a line at the rest stop. After the first truck, each truck in the line weighs 2 tons m

butalik [34]

Let the weight of the first truck be represented by w.

total weight = w + (2 + w) + (2 + 2 + w) + (2 + 2 + 2 + w)
32 = 4w + 12
20 = 4w
w = 5

Therefore, the first truck weighs 5 tons, the second weighs 7 tons, the third weighs 9 tons and the fourth weighs 11 tons.

4 0

3 years ago

Read 2 more answers

A washer and a dryer cost 450 combined. The cost of the washer is two times the cost of the dryer. What is the cost of the dryer

mixas84 [53]

Answer:

150

Step-by-step explanation:

The washer is $300

half of 300 is 150

300 + 150 is 450

5 0

2 years ago

Read 2 more answers

Fernando is making 30 sundaes with mint, chocolate,and vanilla ice cream.1/3 of the Sunday's are mint ice-cream and 1/2 of the r

Alina [70]

Answer:

<u>10 sundaes</u> will be vanilla.

Step-by-step explanation:

Given:

Fernando is making 30 sundaes with mint, chocolate,and vanilla ice cream.

1/3 of the Sunday's are mint ice-cream.

And 1/2 of the remaining sundaes are chocolate.

The rest are vanilla.

Now, to find the number of sundaes that will be vanilla.

Fernando is making sundaes total = 30.

So, the quantity of sundaes that are mint ice-cream:

$\frac{1}{3} \ of\ 30\\\\=\frac{1}{3} \times 30\\\\=10.$

<em>Thus, 10 sundaes are mint ice-cream.</em>

So, the remaining sundaes are:

$30-10=20.$

<em>Thus, the remaining sundaes are = 20.</em>

Now, to get the quantity of chocolate sundaes of the remaining sundaes:

$\frac{1}{2} \ of\ 20\\\\=\frac{1}{2} \times 20\\\\=10.$

<em>Hence, 10 sundaes are chocolate of the remaining 20 sundaes.</em>

<em>As, given the rest are vanilla.</em>

Now, to get the vanilla sundaes we subtract the 10 chocolate ice-cream from the 20 remaining sundaes:

$20-10=10.$

Therefore, 10 sundaes will be vanilla.

5 0

3 years ago