Post Utme Osustech 2021 Commerce Question 15

Practice objective / multiple choice question 15 from the 2021 Post Utme Osustech Commerce examination.

Post Utme Osustech 2021 Commerce Objective / Multiple Choice

Question 15 POST_UTME_OSUSTECH • 2021 • COMMERCE • objective

A bank is considering lending to a customer who has a credit score of 600. The bank's lending policy requires a minimum credit score of 700. What should the bank do?

Answer Options

A. Approve the loan

Correct Answer B. Decline the loan

C. Request additional information

D. Refer the customer to a credit counselor

Correct Answer

Correct Option:

Decline the loan

About This Question

This is Post Utme Osustech 2021 Commerce Question 15. It is one of the objective questions from the 2021 Post Utme Osustech Commerce examination.

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