Option A is correct. If a person with a high credit score, they are more likely to pay bills on time.
Further Explanation:
Credit score refersto score which shows the credit history of the individual and tells us about how well an individual in paying his credit and loans. If an individual has a good credit score, he is able to take credit easily without any restrictions. But If an individual has a poor credit score, he is not able to take the credit in an easy way.
Justification for the correct and incorrect answer:
A.
They are more likely to pay bills on time: This option is correct.
If an individual hasa good credit score, it can be assumed to have more chances to pay the credit amount and also on time. This is the correct option for this question.
B.
They are less like to pay off debts: This option is incorrect.
The individual whohas a high credit score, it means to have more chances to pay off credit. This statement is not correct; he likely to less pay off debts.
C.
They probably have a high balance on multiple credit cards: This option is incorrect.
If the individual hasa high credit score, it does not mean that he has a high balance on multiple credit cards.
D.
Both B and C are correct: This option is incorrect.
Option B and C are both incorrect, so this option is also incorrect.
Learn more:
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Answer details:
Grade: Middle School
Subject: Accounting
Chapter: Money and Banking
Keywords:following true, if a person, a high credit score, more likely to pay bills, less like to pay debts, high balance, multiple credit cards, credit history, credit details.
