Answers Personal Finance - EL3403 Understanding CreditQuestion 17

17

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Understanding Credit

Question 17 • Personal Finance - EL3403

Check all that you included in your response.

Answer

A

Yes, a score of 750 is a good credit score, so Ahmed should qualify for a car loan.

B

Lenders use credit scores to determine how likely one is to pay back a loan.

C

Credit scores range from 300 to 850 and show how good one’s credit is.

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