True or false Each consumer has a credit score in their credit report and the score adjusts up or down each month, based on positive or negative information reported by creditors

True

Explanation:

Before granting you credit, a creditor will check into your past credit performance. The two major factors used to evaluate consumers' creditworthiness are credit rating and credit score. Businesses can make credit inquiries on you without your permission, but usually those inquiries do not count toward your credit score.