18
QuizMultiple Choice

Understanding Credit

Question 18 • Personal Finance - EL3403

A lender is assessing customers for loans. The credit scores of four customers are below.IdaCorrineBruceRoland820550390610Which person will the lender assess as having the lowest risk?

Answer
A
Ida
B
Corrine
C
Bruce
D
Roland

Explanation

Lenders generally consider a higher credit score to indicate lower risk. Ida has the highest score, 820, compared with Corrine’s 550, Bruce’s 390, and Roland’s 610, so Ida has the lowest risk.

AI-written and checked against the verified answer.

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