Select the correct answer.
What helps in determining the reliability of a person to repay debt?
A. number of credit cards
B. number of bank accounts
C. credit score
D. amount of credit
E. credit type
Answer (2)
The credit score is the primary indicator of a person's reliability to repay debt, reflecting their credit history and financial behavior. Although other factors like the number of credit cards and bank accounts play a role, the score itself is crucial for lenders. Thus, a high credit score usually indicates greater reliability in repaying debt. ;
The correct answer is C. credit score, as it is the most important indicator of a person's reliability to repay debt based on their financial behavior. While other factors contribute, the credit score itself is primarily used by lenders for assessment. A higher score indicates greater reliability in repaying debts.
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