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GARP 2016-FRR Exam - Topic 4 Question 18 Discussion

Actual exam question for GARP's 2016-FRR exam
Question #: 18
Topic #: 4
[All 2016-FRR Questions]

A retail credit score of above 680 is generally considered to be "prime." The term "prime" means the borrower is what?

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Suggested Answer: D

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Glenn
3 days ago
I think "prime" means the borrower is considered high quality, but I'm not sure if it's low risk of default or not.
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