The item that receives the most weight in the BEACON credit scoring system is
A)the amount of credit used each month.
B)credit payment history.
C)credit use.
D)the total amount of credit.

Question

Quizplus · Accepted Answer

Credit payment history is the item that receives the most weight in the BEACON credit scoring system. This is because it reflects the borrower's ability to make timely payments, which is a critical factor in determining creditworthiness.

The Item That Receives the Most Weight in the BEACON