PF4: Credit vs. debt, 3 C's of credit, FICO score

Last updated almost 6 years ago
5 questions
1

Which of the following is the LEAST important factor in determining a person's creditworthiness?

1

Many financial advisors say that a fixed rate of interest is better than a variable rate. Why is this?

1

What's the difference between credit and debt?

1

Which one of the 3 C's of credit is related to one's ability to repay a loan?

1

Which of the following FICO scores would give a borrower the BEST chance of being approved for a loan while also paying the lowest APR?