15
QuizMultiple Choice

Managing Credit and Debit — Test

Question 15 • Personal Finance

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

Answer
A
Roland
B
Ida
C
Corrine
D
Bruce

Explanation

A higher credit score generally indicates a lower risk to a lender because it reflects a stronger history of managing credit. Ida has the highest score, 820, so the lender will assess her as having the lowest risk. Bruce’s score of 390 is the lowest and indicates greater risk.

AI-written and checked against the verified answer.

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