Borderline credit risks would most likely receive
A)delayed reconsideration for credit application.
B)a limited line of credit.
C)a negative credit rating.
D)credit only as applied for.
E)credit only in emergency situations.

Question

Quizplus · Accepted Answer

Borderline credit risks are individuals or businesses with a credit score that is not high enough to qualify for the best interest rates or terms, but not low enough to be considered a high-risk borrower. Therefore, they would most likely receive a limited line of credit as a form of risk mitigation by the lender.

Borderline Credit Risks Would Most Likely Receive