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lesley is applying for a car loan. the loan company runs her credit rep…

Question

lesley is applying for a car loan. the loan company runs her credit report. according to the report, she already has one car loan, she has four credit cards, and all have reached their limit. she also has a student loan that she used to pay for college. in addition to her high debt, lesley has had multiple late and missed payments on all of her credit cards and loans. based on lesleys credit history, consider how the loan company will likely view her. given her financial situation, lesley is likely to be considered a borrower. the loan company is likely to lesleys loan application.

Explanation:

Brief Explanations

Lesley has high debt (maxed credit cards, existing loans) and a history of late/missed payments, which signals high risk to lenders. High-risk borrowers are often denied loans due to the likelihood of default.

Answer:

high-risk; deny