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Question 15 Multiple Choice Worth 5 points)
(03.03 MC)
Martha received her credit report and sees that her FICO score is 350. Which factor could be the cause?
She filed for bankruptcy last year.
O She has two credits cards with low balances.
She has a long credit history.
She has used several types of credit.

Answer :

adrianabazan
Answer:

She filled for bankruptcy last year.
Parrain

The reason why Martha's credit report has such a low FICO score could be because She filed for bankruptcy last year.

What happens to credit scores when bankruptcy is filed?

When a person files for bankruptcy as Martha did last year, they are protected from their creditors and often pay back less than they owe.

As a result, it reduces their credit score because creditors would be less trusting of them in future.

Find out more on the FICO score at https://brainly.com/question/9913263.

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