Ask your own question, for FREE!
Finance 20 Online
Pixel:

How do credit card companies use a person's credit report? to help them figure out ways to pay off their outstanding debt to figure out if that person has been using a budget to determine if that person should be given a loan or credit card to calculate how much interest the person is owed on their account

Pixel:

Indecisive between A and D, leaning more for D, cause your bank can help with figuring debt

Isry:

Notice how in D it says “interest the person is owed on their account” so that would be talking about interest the client receives not the company. So I think it’s C.

Pixel:

Oh i see, i thought it meant credit card usage, and not their credit report (credit score)

Isry:

To me the question seems to be asking how credit card companies use Credit Score. If this was the case then they would determine the ability of someone to get a loan or a credit card.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!