What is the minimum credit score required by financial institutions?
A)Varies by institution
B)500
C)550
D)600

Question

Quizplus · Accepted Answer

The minimum credit score required by financial institutions varies by institution. Different lenders have different standards for creditworthiness, so there is no universal minimum credit score requirement for all financial institutions. However, in general, a higher credit score is more likely to result in better loan terms and interest rates.

What Is the Minimum Credit Score Required by Financial Institutions