You recently had a conversation with your neighbour Ruth Ripoff about her problems with getting a loan.She mentioned in the course of the conversation that she had been turned down at least five times.Based on this information,what can you conclude?
A)her credit history is neither positive or negative
B)she has either high credit balances or unpaid credit
C)she has not tried hard enough to secure a loan
D)she has an excellent credit history

Question

Quizplus · Accepted Answer

If Ruth Ripoff has been turned down for a loan five times, it is likely that there is something negative on her credit report. Potential reasons for this could be high credit balances or unpaid credit, making B the best choice. Option A is not likely, as having a neutral credit history would not necessarily result in repeated loan rejections. Option C is not necessarily true, as Ruth may have tried hard but still been rejected. Option D is also unlikely, as an excellent credit history would generally result in easy loan approval.

You Recently Had a Conversation with Your Neighbour Ruth Ripoff