What is a credit score? O The number of credit cards a person has. O The number of years a person has had credit. O The number representing how likely you are to pay back your debts. O None of the above.
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- What is credit history? A record of a person's borrowing and repayment activity used to calculate your credit score. A record of how much money a person has. A record of how many credit cards a person has. O A record of the number of bank accounts a person has.What types of accounts will increase with a credit?18. Which of the following would be found on a consumer's credit report? A. a savings account balance B. whether or not the consumer has made any late payments C. the number of children the consumer has D. whether or not the consumer is approved for a loan
- 1. How do banks use your credit reports? Sight an example to illustrate the answer. 2. How can you have a good credit history?Why is it important to pay off a credit card on timeWhat is the difference between a credit score(FICO) and a credit report. How/where can you check your report? How/where can you check your score?