Which of the Below Statements Is FALSE

question 36

Multiple Choice

Which of the below statements is FALSE?

• A) In assessing the credit quality of a mortgage applicant, lenders look at various measures with the starting point being the applicant's credit score.
• B) Basically, a credit score is a qualitative grade of the credit history of the borrower.
• C) Several firms collect data on the payment histories of individuals from lending institutions and, using statistical models, evaluate and quantify individual creditworthiness in terms of a credit score.
• D) Although the credit scores have different underlying methodologies, the scores generically are referred to as FICO scores where a higher FICO score indicates lower the credit risk.

---

Definitions:

Bulimia

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors, such as vomiting, to prevent weight gain.

Unrealistic Social Norms

Expectations within a society that are difficult or impossible for most individuals to achieve, often leading to various social and psychological issues.

Anorexia Nervosa

A serious mental health disorder characterized by an intense fear of gaining weight and a distorted body image, leading to extreme dietary restriction.

Bulimia

An eating disorder characterized by binge eating followed by purging.