Answered

Westonci.ca is your go-to source for answers, with a community ready to provide accurate and timely information. Explore a wealth of knowledge from professionals across different disciplines on our comprehensive platform. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

\begin{tabular}{|c|c|}
\hline Borrower & Credit Score \\
\hline Michael & 700 \\
\hline Cynthia & 550 \\
\hline Tommy & 600 \\
\hline Louise & 780 \\
\hline
\end{tabular}

Which person would a credit card company most likely consider the greatest risk of nonpayment?

A. Michael

B. Cynthia

C. Tommy

D. Louise

Sagot :

GinnyAnswer
To determine which person a credit card company would most likely consider the greatest risk of nonpayment, we need to look at the credit scores of each individual. A lower credit score typically indicates a higher risk of nonpayment.

Here are the credit scores for each person:

- Michael: 700
- Cynthia: 550
- Tommy: 600
- Louise: 780

We compare each credit score to find the lowest one, as the person with the lowest credit score will be deemed the greatest risk of nonpayment.

- Michael has a credit score of 700.
- Cynthia has a credit score of 550.
- Tommy has a credit score of 600.
- Louise has a credit score of 780.

From these scores, 550 is the lowest credit score. Among the four individuals, Cynthia has this credit score.

Therefore, the credit card company would most likely consider Cynthia the greatest risk of nonpayment.
Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.