We appreciate your visit to Pete is trying to get a loan He has a credit score of 480 How is Pete s lender likely to view this credit score. This page offers clear insights and highlights the essential aspects of the topic. Our goal is to provide a helpful and engaging learning experience. Explore the content and find the answers you need!
Answer :
Answer:
Pete is irresponsible and will not pay the loan back on time
Explanation:
Credit scores range from 300 to 850. In general, borrowers are categorized according to their credit scores as below
A score between 300- 629... bad
630-689 ... fair
680-719 ...good
720- 850... excellent
Pete has a bad credit score as per the above classification. He surely has a bad history when it comes to repaying loans. Lenders will consider him a high-risk borrower likely to default on his loan repayment.
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Rewritten by : Barada
Answer:
The correct answer is D. Pete is irresponsible and will not pay the loan back on time
Explanation:
That is the most likely way Pete's lender will view his credit score
Hopefully this helps :3 sorry if wrong :( Plz mark brainiest if correct :D Your bootiful/handsome! Have a great day luv <3 (I know Im like almost a year later but yayyyyyyy- Hopefully you passed your quiz/test :D)
-Bee~
