Credit report: Credit report is a complete analysis of an individual’s credit history arranged by a credit agency. Credit agency gather financial information about individuals and make credit reports based on that information. The financiers check the credit report of individuals along with the other information to determine the applicants’ creditworthiness.

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Chapter 11, Problem 1.3E

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Credit report:

Credit report is a complete analysis of an individual’s credit history arranged by a credit agency.

Credit agency gather financial information about individuals and make credit reports based on that information.

The financiers check the credit report of individuals along with the other information to determine the applicants’ creditworthiness.

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