QUESTION IMAGE
Question
the chart shows a range of credit scores.
sample credit score range
a credit score between 500 and 600 means a consumer would most likely
○ find it easy to get a loan.
○ find it hard to get a loan.
○ get a loan with low payments.
○ get a loan with low interest
A credit score between 500-600 falls into the "Weak" rating category on the chart. Weak credit scores indicate higher lending risk, so lenders are hesitant to approve loans, making it difficult for the consumer to secure one. The other options apply to higher, more favorable credit score ranges.
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○ find it hard to get a loan.