contestada

Pete is trying to get a loan. He has a credit score of 480. How is Pete’s lender likely to view this credit score?
Pete is responsible and will pay the loan back on time.
Pete is responsible but will not pay the loan back on time.
Pete is irresponsible but will pay the loan back on time.
Pete is irresponsible and will not pay the loan back on time.


im mad at brainly so ima mark the best answer brainiest

Respuesta :

Samawati

Answer:

Pete is irresponsible and will not pay the loan back on time

Explanation:

Credit scores range from 300 to 850. In general, borrowers are categorized according to their credit scores as below

 A score between    300- 629... bad

                                 630-689 ... fair

                                 680-719 ...good

                                 720- 850... excellent

Pete has a bad credit score as per the above classification. He surely has a bad history when it comes to repaying loans. Lenders will consider him a high-risk borrower likely to default on his loan repayment.

Stuccoquality

Answer:

The correct answer is D. Pete is irresponsible and will not pay the loan back on time

Explanation:

That is the most likely way Pete's lender will view his credit score

Hopefully this helps :3 sorry if wrong :( Plz mark brainiest if correct :D Your bootiful/handsome! Have a great day luv <3 (I know Im like almost a year later but yayyyyyyy- Hopefully you passed your quiz/test :D)

-Bee~

Otras preguntas