Question

Ryan has a credit card with a total credit limit of $5000. He charges about $4500 a month and made 6 late payments in the past year. He owes $12,000 on a car worth $15,000. He declared bankruptcy 3 years ago.
Which is most likely to occur?



A.


He will be approved for car loan at a low interest rate.


B.


His application for Internet service will be approved.


C.


He will have a high credit score.


D.


His loan application to buy a house will be denied.

Answer 1

D. his loan application will be denied. ( and he probably does have a high credit score.) Hope this helps  (=^-^=)