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28 March, 22:39

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?

Pete is responsible and will pay the loan back on time.

Pete is responsible but will not pay the loan back on time.

Pete is irresponsible but will pay the loan back on time.

Pete is irresponsible and will not pay the loan back on time

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  1. 28 March, 22:40
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    Pete is irresponsible and will not pay the loan back on time. Pete has a lower credit score. From the lenders perspective Pete is irresponsible. The lender would see it as he can't pay off his credit, then he wouldn't be able to pay back the loan.
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