Which of the following statements about credit scores does this bar graph support?
Average Score by Age
730
710
690
670
650
Source Credit Karma
630
18-24
25-34
35-44
45-54
55+
Credit scores tend to drop as you grow older because you are more likely to miss a payment at some
point.
It is more difficult for young people to borrow (i.e., get a loan) because they have less payment history
for a lender to rely upon.
O When young people borrow, they are likely to have lower interest rates because their credit scores
are lower.
O It is easier for young people to get loans at lower interest rates because they are likely to have never
been late with a payment.