Ask Question
BusinessBusiness
17 August, 15:37

Explain what a credit score is and what it tells you about the consumer. What are some ways you can maintain a proper credit score?

+5
Answers (1)
  1. 17 August, 16:04
    0
    A credit score is a score that measures how likely you are to pay back a loan. If the score Is good that means they paid their loans on time. if the score is bad that means they aren't likely to pay any payments they are given through a loan. You can maintain a proper score by paying bills on time, when taking out loans pay the payments on time. and when you loan a car Pay. The. Payments.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Explain what a credit score is and what it tells you about the consumer. What are some ways you can maintain a proper credit score? ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Wesimann Co. issued 10-year bonds a year ago at a coupon rate of 8.2 percent. The bonds make semiannual payments and have a par value of $1,000. If the YTM on these bonds is 6.
Answers (1)
A gas station owner in a large city learned in his microeconomics class that buyers are relatively unresponsive to changes in the price of gasoline. If, based on that assumption, he increases the price of gas at his station:
Answers (1)
In the single-period inventory model, the overage cost is A. salvage value per unit. B. sales price per unit minus cost per unit. C. cost per unit minus salvage value per unit. D. cost per unit minus sales price per unit.
Answers (1)
The rate of return on the common stock of Lancaster Woolens is expected to be 21 percent in a boom economy, 11 percent in a normal economy, and only 3 percent in a recessionary economy.
Answers (1)
During an economic upturn when consumer income rises, the demand for caviar increases and the demand for hummus decreases. This implies that caviar: A) and hummus are complements. B) is a normal good and hummus is an inferior good.
Answers (1)
New Questions in Business
Select all the correct answers Amber is writing to an accountant that she would like to interview to gain information about the career field. What information should she include in her letter? A.
Answers (2)
What is the acid-test ratio for a merchant with the following account balances? (Round your answer to two decimal places.
Answers (2)
When the market fails to adjust for the full costs of a firm's behavior, this is called?
Answers (1)
What is the basic formula of the malthus theorem?
Answers (1)
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about the extent of competition new ways of pleasing customers taking advantage of economies of scale regulatory
Answers (1)
Home » Business » Explain what a credit score is and what it tells you about the consumer. What are some ways you can maintain a proper credit score?
Sign Up Forgot Password?