Mandy has a credit score of 450. Which of the following judgments would most likely be made by a financial institution about Mandy?
(1 point)
Responses
She is a poor credit risk.
She is a poor credit risk.
She will abide by her credit limit.
She will abide by her credit limit.
She has a favorable credit rating.
She has a favorable credit rating.
She can be trusted to pay her debts.
1 answer
The judgment most likely made by a financial institution about Mandy, given her credit score of 450, would be:
She is a poor credit risk.
A credit score of 450 is considered very low, indicating significant issues with creditworthiness and a high likelihood of defaulting on debts.
