You own a credit bureau. You're trying to decide which person is the better credit risk. Which statement would you choose as the better credit risk?
ОВ.
Sarah borrowed $50 from her aunt to buy some DVD's when they were out
O A. shopping. She just paid her back in two installments when she received her
paychecks from the fast-food joint where she works part-time.
Tyler has just signed up for a two-year cell-phone account. For the first five
months, he has paid on time. It's the only kind of credit account he has.
Ted is just about to pay off his 36-month loan on his used RAV4. He's
Oc. made 35 monthly payments on time to his credit union and is sending the
36th payment in on time, too.
Rachel has been living with roommates in their own apartment at college
OD. for 18 months. The lease and utilities are in her roommate's name. Rachel
says she paid the bills. But the bills weren't in Rachel's name.