Answer:
Here are some characteristics that describe customers who are more likely to have low assets and medium-low debt:
* **Age:** Younger customers are more likely to have lower assets and debt than older customers. This is because they have had less time to accumulate assets and may be carrying more student loan debt.
* **Income:** Customers with lower incomes are more likely to have lower assets and debt than customers with higher incomes. This is because they have less money to save and invest, and may be spending more of their income on necessities.
* **Education:** Customers with less education are more likely to have lower assets and debt than customers with more education. This is because they may have lower-paying jobs and may be less likely to save and invest.
* **Marital status:** Single customers are more likely to have lower assets and debt than married customers. This is because they may have less income and may be spending more of their income on housing and other expenses.
* **Employment status:** Unemployed customers are more likely to have lower assets and debt than employed customers. This is because they may have less income and may be spending more of their income on necessities.
* **Credit score:** Customers with lower credit scores are more likely to have lower assets and debt than customers with higher credit scores. This is because they may have difficulty qualifying for loans and may be paying higher interest rates on debt.
It is important to note that these are just general trends, and there are always exceptions. There are many factors that can affect a customer's assets and debt, including their personal circumstances, financial decisions, and economic conditions.
Step-by-step explanation: