A number assigned to you that helps a lender judge your ability to repay a loan is called a _____.A.credit scoreB.debt-to-credit ratioC.debt ratingD.credit limit

Banks and lenders use credit scores to determine . . .The likelihood that someone is able to repay debtHow much collateral someone has available to put up for a loanA person's financial responsibilityHow successful someone is

In the LendingClub dataset, a credit score is synonymous with:Question 3Answera.a premium score.b.a debt score.c.a risk score.d.a credit card score.

A credit score is: aa three-digit number summarizing the state of your credit ban alphabetical score grading your creditworthiness ca numerical score reporting how much money you owe d

This is also considered as the evaluation of the ability of a company to pay its financial obligationsSelect one:a.Credit Policiesb.Credit Standardsc.Credit Termsd.Credit Analysis

Banks and credit card companies use credit scores to:A.calculate the amount of compound interest on an account.B.determine whether a person's debts can be forgiven in bankruptcy.C.seize people's property if they fail to pay back loans in a timely manner.D.decide whether an applicant is likely to pay back borrowed money.