Ask Question
BusinessBusiness
22 July, 21:41

A lender is assessing customers for loans. The credit scores of four customers are below. Ida Corrine Bruce Roland 820 550 390 610 Which person will the lender assess as having the lowest risk? Ida Corrine Bruce Roland

+3
Answers (2)
  1. 22 July, 22:08
    0
    The person that will be assessed as having the lowest risk is the person with the credit score of 820. When a person has a higher credit score that means they pay their bills/loans on time, have a good debt to income ratio and are financially able to afford their bills. Lenders look at this information and are more likely to approve them for a loan when in good credit standing.
  2. 23 July, 00:59
    0
    The answer is for the above question is letter A.)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A lender is assessing customers for loans. The credit scores of four customers are below. Ida Corrine Bruce Roland 820 550 390 610 Which ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
How do seat belts and air bags save lives?
Answers (1)
Bigco, Inc. transferred long-term receivables with a carrying value of $500,000 and a fair value of $450,000 to Banco for $425,000 cash.
Answers (1)
Charles is a consultant living in a rented apartment. Which of the following statements would represent a logical position for him to take on renters insurance? Select the best answer from the choices provided. A.
Answers (1)
Data concerning Bedwell Enterprises Corporation's single product appear below: Selling price per unit $ 160.00 Variable expenses per unit $ 91.
Answers (1)
Jim holds a commercial lease. Last year his rent went up 4% based on a 4% increase in the wholesale price index. What type of lease does Jim have? A) Revolving lease. B) Wholesale lease. C) Index lease. D) Leading Indicator lease.
Answers (1)
New Questions in Business
A researcher randomly assigns 50 students to two groups of 25. group 1 is given computers and educational software to take home and use, while group 2 is given educational workbooks to take home.
Answers (1)
Which type of distribution is used when the producer wants more than one, but fewer than all, of the intermediaries who are willing to carry its products? A. exclusive B. selective C. intensive D. administered E. corporate
Answers (1)
Soap Company manufactures soap X and soap Y and can sell all it can make of either. Hours available to produce the products are the constrained resources.
Answers (1)
Sky High Seats manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but currently produces and sells 75,000 seats per year.
Answers (1)
All other things the same, in periods of increasing sales, net operating income will tend to increase more rapidly in a company with high variable costs and low fixed costs than in a company with high fixed costs and low variable costs.
Answers (1)
Home » Business » A lender is assessing customers for loans. The credit scores of four customers are below. Ida Corrine Bruce Roland 820 550 390 610 Which person will the lender assess as having the lowest risk? Ida Corrine Bruce Roland
Sign Up Forgot Password?