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In the Context of Credit, Which of the Following Statements

Question 60

Multiple Choice

In the context of credit, which of the following statements is true of the Fair, Isaac and Company (FICO) scale?


A) It runs from 500 to 1200.
B) A person's credit score on the scale is based on his or her occupation and gender.
C) A person with a credit score above 500 is considered to have excellent creditworthiness.
D) A high credit score on the FICO scale makes it easier to get credit on favorable terms.

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