Suppose that four college students check their FICO scores and discover the information listed below. Describe how

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Suppose that four college students check their FICO scores and discover the information listed below. Describe how lenders might price loans to the borrowers with lower scores versus the borrowers with higher scores in terms of rates and fees charged.
Score
Vanessa 790
Martin 550
Jorge 685
Heather 505
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Bank Management

ISBN: 978-1133494683

8th edition

Authors: Timothy W. Koch, S. Scott MacDonald

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