Which of the following statements is true regarding a review of your credit agency report?
A)You will not have authority to make corrections,as the information must come from a financial institution.
B)It will help determine if there are credit cards you should apply for to improve your credit standing.
C)It will reveal if you have sufficient income to carry additional debt.
D)It will reveal deficiencies that you can work on to improve your credit rating.

Question

Quizplus · Accepted Answer

Reviewing your credit agency report will reveal any deficiencies, such as missed payments, that may be impacting your credit rating. This knowledge allows you to work on improving your credit standing. Choices A, B, and C are incorrect as they do not accurately reflect the purpose of reviewing a credit agency report.

Which of the Following Statements Is True Regarding a Review