If a borrower has a high credit score,then there is ____________.
A)a minimal chance of his or her loan getting approved
B)no chance of his or her loan getting approved
C)a high chance of his or her loan getting approved
D)a high chance of more collateral requirements for his or her loan

Question

If a borrower has a high credit score,then there is ____________. ​
A)a minimal chance of his or her loan getting approved
B)no chance of his or her loan getting approved
C)a high chance of his or her loan getting approved
D)a high chance of more collateral requirements for his or her loan

Quizplus · Accepted Answer

A high credit score indicates the borrower's creditworthiness and ability to repay the loan, making it more likely for the loan to be approved.

If a Borrower Has a High Credit Score,then There Is