Question

Sumaya wants to apply for a car loan, so she checks her credit score. She has used $500 out of her available $5,000 credit. She has never missed any payments on her accounts. She has 1 account that she has held for the past 2 years. She has no new credit inquiries. How would you describe Sumaya's credit?

Group of answer choices

Excellent Credit

Fair Credit

Poor Credit

Good Credit

Answer 1

Good Credit.

She has very low utilization (10%), no missed payments, and no new inquiries — all strong positives. The short credit history (only 1 account for 2 years) makes "Excellent" unlikely, so "Good" is the best description.