what did you learn? question 6 of 10 which credit utilization rate would be preferable to a lender on a…

what did you learn? question 6 of 10 which credit utilization rate would be preferable to a lender on a credit card application? 76.3% 83.0% 27.5% 43.0%

what did you learn? question 6 of 10 which credit utilization rate would be preferable to a lender on a credit card application? 76.3% 83.0% 27.5% 43.0%

Answer

Brief Explanations:

A lower credit - utilization rate indicates less credit risk. Lenders prefer borrowers who use less of their available credit as it implies better financial management and lower default risk. Among the given options, 27.5% is the lowest rate.

Answer:

C. 27.5%