Ellen has had the same credit card for 6 years. She has $10,000 in available credit and usually charges $400 per month. She has never paid a bill late. She is close to paying off her student loan.

Which is most likely to occur?

A.
She will have a low credit score.

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

C.
She will be approved for new credit card with low interest rate.

D.
She will get a mortgage with a high interest rate.

Question

Ellen has had the same credit card for 6 years. She has $10,000 in available credit and usually charges $400 per month. She has never paid a bill late. She is close to paying off her student loan.
 
Which is most likely to occur?
 
 A.
She will have a low credit score.
 
 B.
Her application for a new credit card will be denied.
 
 C.
She will be approved for new credit card with low interest rate.
 
 D.
She will get a mortgage with a high interest rate.

zeronknight · Answer

Hi! What do you think the answer is?