A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the very good range. Which statement best describes the lender’s viewpoint of William? Answer Revealed

A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the very good range. Which statement best describes the lender’s viewpoint of William? the correct answer is He is a low-risk borrower who qualifies for lower interest rates

by J Nandhini

Updated Oct 26, 2023

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A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the very good range. Which statement best describes the lender’s viewpoint of William? Answer Revealed

A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the very good range. Which statement best describes the lender’s viewpoint of William?

The correct answer is "He is a low-risk borrower who qualifies for lower interest rates"

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A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the very good range - FAQ

1. A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the very good range. Which statement best describes the lender’s viewpoint of William?

The correct answer is He is a low-risk borrower who qualifies for lower interest rates

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