Dylan has a good credit score and is planning to apply for a loan. What could negatively affect Dylan’s credit score?

Mathematics

2 answers:

SashulF [63]3 years ago

4 0

Answer:

the right answer is a)missing a loan payment

Step-by-step explanation:

because if you are missing a loan payment, you would have a negative report at the risk centers

svp [43]3 years ago

3 0

Answer:

A. missing a loan payment

Step-by-step explanation:

Whenever someone wish to apply a loan, lenders would consider his/her credit scores when analyzing the application. A good credit score would increase his/her chance to be qualified for the loan. The higher the score qualifies you for a fair interest rates, and also it would reduce the perceived risk.

Considering the question, missing a loan payment would definitely affect his credit score negatively. It would affect the interest rate, loan terms and credit limit.

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