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3 years ago

The chart shows a range of credit scores.

Business

2 answers:

fgiga [73]3 years ago

7 0

Answer:

find it hard to get a loan.

Explanation:

According to the bar chart, a credit rating of between 500 and 600 lies within a bad and poor credit score. A bad or poor credit score indicates the irresponsible use of credit facilities and bad credit history. It tells that the individual has a history of missing out on loan installments, late payments, or defaulting on loans.

A bad or poor credit rating implies that a customer is highly likely to default on loan repayment. Due to this reason, lenders judge them to be high-risk customers and are likely to deny them credit facilities.

Marina CMI [18]3 years ago

3 0

Answer:

find it hard to get a loan.

Explanation:

a p e x

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2 years ago

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