yari75
contestada

*ECONOMICS*
Customers with low credit scores who apply for credit are most likely to be
rejected because:
O A. they refuse to pay application fees to demonstrate their high level
of income.
B. they are considered unlikely to pay back borrowed money in a
timely manner.
c. they are applying for credit for the first time and have no history of
borrowing money.
D. they have agreed that they will not file for bankruptcy if their debts
are too high.

Respuesta :

Answer:B

Explanation:

gauravsingh23VT

Customers with low credit scores who apply for credit are most likely to be rejected because they are considered unlikely to pay back borrowed money in a timely manner.

What is low credit score?

If one have a history of not paying your bills on time or owing too much money, person are regarded to have terrible credit.

A low credit score, usually under 580 on a scale of 300 to 850, indicates bad credit. Bad credit makes it more difficult to receive a loan or a credit card.

Thus, option D is correct.

For more details about credit score, click here

https://brainly.com/question/13032437

#SPJ2

Otras preguntas