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Describe how lenders might price loans to the borrowers

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Reference no: EM13881725

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

Reference no: EM13881725

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