Question

What is the term for the number assigned to you that helps a lender judge
your ability to repay a loan?
O A. Debt-to-credit ratio
O B. Credit score
O C. Debt rating
O D. Credit limit

its B.

Answer 1

The answer is b-credit score

Answer 2

The term for the number assigned to you that helps a lender judge your ability to repay a loan is credit score.

What is credit score?

A "numerical expression" used to quantify a person's creditworthiness is known as credit score.

Credit scores are used by lenders to determine the likelihood that a borrower would make highly anticipated loan repayments. It gauges a person's capacity for making the loan repayments.

Thus, the correct option is B that is "Credit score".

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