\begin{tabular}{l} Lesley's Credit History \\ \begin{tabular}{|l|l}\hline \( \begin{array}{l}\text { Lesley is applying for a car loan. The loan company runs } \\ \text { her credit report. According to the report, she already has } \\ \text { one car loan. She has four credit cards, and all have } \\ \text { reached their limit. She also has a student loan that she } \\ \text { used to pay for college. In addition to her high debt, } \\ \text { Lesley has had multiple late and missed payments on all } \\ \text { of her credit cards and loans. }\end{array} \) & \( \begin{array}{l}\text { Based on Lesley's credit history, consider how the loan } \\ \text { company will likely view her. } \\ \text { Given her financial situation, Lesley is likely to be } \\ \text { considered a } \\ \text { The loan company is likely to } \\ \text { application. }\end{array} \) \\ \hline\end{tabular} \\ \hline\end{tabular}

To analyze Lesley's credit history and how the loan company will likely view her application, let's break down the information provided step by step. ### Known Conditions: 1. **Existing Loans and Credit Cards:** - Lesley has one car loan. - She has four credit cards, all of which have reached their limit. - She has a student loan. 2. **Payment History:** - Lesley has had multiple late and missed payments on all her credit cards and loans. 3. **Debt Situation:** - Lesley has a high level of debt due to her existing loans and maxed-out credit cards. ### Analysis: 1. **Credit Utilization:** - Having credit cards that are maxed out indicates a high credit utilization ratio, which is a negative factor in credit scoring. This suggests that Lesley is using a large portion of her available credit, which can be a red flag for lenders. 2. **Payment History:** - Multiple late and missed payments significantly impact her credit score negatively. Lenders typically view a poor payment history as a sign of financial irresponsibility or difficulty in managing debt. 3. **Existing Debt:** - The presence of multiple loans (car loan and student loan) alongside maxed-out credit cards indicates that Lesley is already under financial strain. This can lead lenders to perceive her as a higher risk. ### Conclusion: Given the above analysis, the loan company is likely to view Lesley as a **high-risk borrower**. - **Likely Consideration:** The loan company is likely to **deny her application** for a car loan due to her high debt levels, poor credit utilization, and negative payment history. In summary, Lesley's financial situation, characterized by high debt and a poor payment record, will likely lead to a negative assessment from the loan company regarding her car loan application.