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Trish is having trouble understanding why she was not approved for her loan. Which of the following probably kept Trish from getting her loan?
a. Trish's debt-to-income (DTI) is currently 30%.
b. Trish's credit score is a solid 525.
c. Trish is a single mom with three kids.
d. Trish's gross monthly income is only $2,800.

Respuesta :

emmadennison

Answer:

b

Step-by-step explanation:

Parrain

The most probable reason why Trish's loan is not getting approved is that b. Trish's credit score is a solid 525.

How does the credit score affect loans?

A person's credit score shows their risk of default - the risk that they don't pay back the loan. Generally, the higher a person's credit score, the better.

In the United States, a person with a credit score of 580 and above stands a better chance of getting approved for a loan because they are considered safer.

Trish has a credit score of 525 which is below 580. This means that she will have troubles getting a loan.

In conclusion, option B is correct.

Find out more on credit scores at https://brainly.com/question/17129745.

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