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If a Borrower Has a High FICO Score, Then There

Question 78

Multiple Choice

If a borrower has a high FICO score, then there is:


A) a minimal chance of his or her loan getting approved.
B) no chance of his or her loan getting approved.
C) a high chance of having higher monthly payments for his or her loan.
D) a high chance of more collateral requirements for his or her loan.
E) a high chance that a lower interest rate will be charged for his or her loan.

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