5
QuizMultiple Choice

Applying for a Loan

Question 5 • 2025-2026 GSP Mathematical Reasoning for Decision Making

Trish is having trouble understanding why she was not approved for her loan. Which of the following probably kept Trish from getting her loan?

Answer
A
Trish's debt-to-income (DTI) is currently 30%.
B
Trish's credit score is 525.
C
Trish is a single mom with three kids.
D
Trish's gross monthly income is only $2,800.

Explanation

A credit score of 525 is low and can make a lender view Trish as a high-risk borrower, which could lead to her loan application being denied. A 30% debt-to-income ratio is generally not unusually high. Being a single parent is not, by itself, a valid reason to deny a loan.

AI-written and checked against the verified answer.

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