Information about a credit applicant:
A)is rarely available.
B)can be obtained directly from the applicant.
C)is frequently exchanged among firms selling to the same customer through credit bureaus.
D)cannot be obtained from commercial banks.
E)b and c

Question

Quizplus · Accepted Answer

Credit applicant information can be obtained directly from the applicant, but it is also frequently exchanged among firms selling to the same customer through credit bureaus. This allows for a more comprehensive credit history to be established and considered by potential lenders.

Information About a Credit Applicant