Carson is a $35-$year$-$old man with two credit cards, a car loan, and some money saved in a

retirement account. He recently checked his FICO credit score and learned that it is $700.$ Which

of the following best describes how a lender would view Carson's credit score?

Since FICO scores range from $0$ to $1,000$ Carson is well above average.

Carson is considered an average borrower by most lenders as the FICO score range is $300$ to $850.$

Carson's score is dangerously low and he may need to declare bankruptcy to get a fresh start.

The credit score is low according to the FICO system but Equifax would rate his credit as flawless.