Vince has 5 credit cards. He has a credit limit of $9000 and charges the maximum each month. He has made five late payments in the past year. An agency contacted Vince to collect on car payments that he owes.

Which is most likely to occur?

A.
He will obtain a mortgage with a low interest rate.

B.
His application for a new credit card will be denied.

C.
He will be approved for a loan with a low interest rate.

D.
He will have a high credit score.

Question

Vince has 5 credit cards. He has a credit limit of $9000 and charges the maximum each month. He has made five late payments in the past year. An agency contacted Vince to collect on car payments that he owes.
 
Which is most likely to occur?
 
 A.
He will obtain a mortgage with a low interest rate.
 
 B.
His application for a new credit card will be denied.
 
 C.
He will be approved for a loan with a low interest rate.
 
 D.
He will have a high credit score.

anonymous · Answer

Some one please help

xxskittlesxx · Answer

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