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In Business / College | 2025-07-06

Which of the following statements are true about a FICO credit score? Select all that apply.
A. A number that ranges from 250 to 900
B. It is a summation of your creditworthiness
C. It can affect your ability to receive loans and the interest rate you receive

Asked by daliyahdebro

Answer (2)

A FICO credit score is a representation of your creditworthiness, typically ranging from 300 to 850. It can significantly impact your ability to secure loans and the interest rates offered to you. The only correct statements from the options provided are that it summarizes creditworthiness and affects loan conditions. ;

Answered by GinnyAnswer | 2025-07-06

A FICO credit score ranges from 300 to 850 and reflects your creditworthiness. It can impact your ability to obtain loans and affect the interest rates you receive. Therefore, statements B and C are true, while statement A is false.
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Answered by Anonymous | 2025-07-08

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