Which of these people has bad credit? A. Suzie borrowed $300 from her grandmother to buy an iPod and promised to
pay $10 a week for 30 weeks until the loan was paid back. Suzie always
made her weekly payments and managed to pay her grandmother the whole
amount by the end of the 30 weeks.
B. Carlos moved into his own apartment about a year ago. The gas and
electric bills are usually due on the 25th of the month. Carlos faithfully pays
those bills on the 22nd of the month
C. Tamara's parents co-signed a car loan for her new wheels. Her monthly
payment is due by the 15th of each month. So far she has made the
payment each month. But on three months, she sent her payment after the
due date on the coupon because she had not yet received her bi-weekly
paycheck from her part-time job. On more than one occasion she was more
than 30 days late
D. Josh has a 36-month loan for his new truck Each month's payment is due by the 10th of the month Josh always mails his coupon and payment by the
first of the month