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slega [8]
3 years ago
12

Why would a bank be more likely to make a loan to someone with a FICO score of 750 rather than someone with a score of 500? a) T

he higher the score, the greater the interest rate the lender can charge the borrower b) The closer the score to zero, the less the person owes in debt to other companies c) The higher the score, the less risk to the lender that the borrower will be past due on their payments d) None of the above
Business
2 answers:
Archy [21]3 years ago
8 0

Answer:

c) The higher the score, the less risk to the lender that the borrower will be past due on their payments

Explanation:

Fair Isaac Corporation scores are used to measure the creditworthiness of a borrower. The higher the credit scores, the higher the chances of the borrower paying back what was borrowed. Credit scores are in ranges. Credit scores below 500 are rated as Poor and indicates that the borrower's chances of returning what was borrowed are very low.

Credit scores between 740-799 are rated as very good and indicate that the borrower would be prompt in the repayment of his loan.

strojnjashka [21]3 years ago
5 0

Answer: the higher the score, the less the risk to the lender that the borrower will be past due on their payments

Explanation:

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The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

<span>Dividend = $4 per share                                (ANSWER)</span>

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3 years ago
Which statement is false? A. A monopoly sells lower-quality products at higher prices than in a perfect competition. B. Natural
NeX [460]

Answer:

The correct answer would be option E, Homogeneous products leave consumers with no choice, which means this statement is False.

Explanation:

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alina1380 [7]

Answer:

C. Limited ability to manage and coordinate larger amounts of inputs.

Explanation:

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