Post Utme Ims U 2018 Commerce Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Ims U Commerce examination.

Post Utme Ims U 2018 Commerce Objective / Multiple Choice
Question 15 POST_UTME_IMS_U • 2018 • COMMERCE • objective

A bank wants to offer a loan to a customer who has a credit score of 600. The bank's lending policy requires a minimum credit score of 700. What is the best course of action?

Answer Options

A. Approve the loan
Correct Answer B. Deny the loan
C. Request additional information from the customer
D. Offer a higher interest rate
Correct Answer
B
Correct Option:
Deny the loan

About This Question

This is Post Utme Ims U 2018 Commerce Question 15. It is one of the objective questions from the 2018 Post Utme Ims U Commerce examination.

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