Mandy has a credit score of 450. WHich of the following judgements would most likely be made by a financial institution about Ma

Question

4 years ago

13

Mandy has a credit score of 450. WHich of the following judgements would most likely be made by a financial institution about Ma

ndy? A. She is a poor credit risk B. She will abide by her credit limit. C. She has a favorable credit rating D. She can be trusted to pay her debts

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2 answers:

Bogdan [553] · Answer 1 · 2021-12-15T11:30:54+03:00

Bogdan [553]4 years ago

8 0

They would think A. she has bad credit

garik1379 [7] · Answer 2 · 2021-12-15T13:03:28+03:00

Answer: A. She is a poor credit risk.

Explanation:

A credit score of 450 is a bad credit score. It is closer to the lowest credit score of 300. The highest credit score is 850. The credit score of 450 indicates that the Mandy might have payment problems in the past. It is a credit score that can even go the extent of going through the situation of bankruptcy.