Giuseppe
Mon Jan 20 2025
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6 answers
1632
What do banks and lenders use credit scores to determine quizlet?
Banks and lenders utilize credit scores as a key metric to assess the creditworthiness of borrowers. These scores help determine the likelihood of repayment, thereby influencing loan approvals, interest rates, and credit limits offered to customers.
Sat Jan 11 2025
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7 answers
1467
Why do banks and lenders use credit scores to determine?
Banks and lenders utilize credit scores as a metric to assess an individual's creditworthiness. These scores, reflecting past financial behavior, help institutions evaluate risk and make informed lending decisions.
