Question

The chart describes four people’s credit histories.

Creditworthy Criteria
Name
Description of Credit History
Ellie
Has more debt than earnings
Collin
Pays only some of his bills every month
Jacob
Has made three late payments in the past year
Eesha
Pays more than the minimum payment each month

Which person is creditworthy?

Answer 1

D). Eesha pays more than the minimum payment each month.

Step-by-step explanation:

Eesha would be considered most creditworthy among the given persons as she not only pays on time but also repays more than the minimum amount assigned to pay each month. In order to test the creditworthiness of an individual, his ontime debt paying capability is tested at first followed by the past credit repayment history and the credit score. Except Eesha, all the given candidates have failed to make timely repayment of their debts and hence, they cannot be considered creditworthy.