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Jessica is trying to get a credit card. She has a credit score of 790. How is Jessica’s lender likely to view this credit score?
A.) Jessica is low risk and will pay her outstanding balances on time.
B.) Jessica is low risk but will not pay her outstanding balances on time.
C.) Jessica is high risk and will pay her outstanding balances on time.
D.) Jessica is high risk but will not pay her outstanding balances on time.

Respuesta :

calebtomlin536

A.) Jessica is low risk and will pay her outstanding balances on time.


The lender of Jessica viewed her credit score of 790 that shows lower risk and reimbursement of outstanding balances on time.

Option A is correct.

What is a credit card?

A credit card is an electronic card that allows an individual to acquire the goods in an emergency when he/she doesn't have enough money to pay. This is a kind of loan been taken from bank and that has to repaid later with interest.

  • Credit score are the range of numbers that defines the creditability of a credit card holder. This helps in knowing about the time and risk regarding the repayment of the credit card bills. The ideal range of credit scores starting from 300 till 850 with varying other ranges.
  • According to the situation, the credit score of Jessica is 790 that means it falls under the range of 740 to 799 which is regarded as the good credit score. This shows that she pays the outstanding amounts on time and the risk of not paying the debts were comparatively lower.

Therefore, the correct option is the option A.

Learn more about the credit card in the related link:

https://brainly.com/question/27350251

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