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Umnica [9.8K]
3 years ago
6

What will most likely cause a lender to deny credit?

Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

A historic credit score of 300

Explanation:

A credit score is a numeric record that expresses the reliability of a borrower to repay loans. The credit score or credit rating is determined by, among other things, credit history, income level, and the individual's income to debt ratio.

Credit scores range between 300 and 850. 300 is the lowest and the poorest score. A score of 300 indicates that the borrower has a bad history of debt repayment. They are always late on repayments,  miss on installments, or have defaulted on loans. Lenders consider such persons as high-risk borrowers and are likely to deny them credit facilities.

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If a worker can produce 20 units of output which can be sold for $4 per unit, what is the maximum wage that firm should pay to h
Scrat [10]

Answer:

$80

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3 years ago
During the recent​ recession, several European countries proposed austerity measures that would help shrink the size of the nati
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