The statements that are correct about the low credit scorer are:
I. The holder has a difficult time qualifying for loans.
II. The holder have to pay higher than average interest rates.
Option D is correct.
What is a credit score?
A credit score is defined as a numeric statement. That statement is on a level analysis of a person's credit files, to represent the creditworthiness of an individual.
A credit score is primarily founded on a credit statement or report, and the information is naturally sourced from credit departments.
The low credit scores are bad for the credit card holders, this arises due to them having a difficult time qualifying for loans.
If the credit score becomes low, then the credit card holder has to pay more taxes than the average interest rates.
Therefore, option D is correct.
To learn more about the credit score, refer to:
https://brainly.com/question/14753741
