Primeira página
/
Negócios
/
5. List at least three types of information that gets sent to credit bureaus: __

Pergunta

5. List at least three types of information that gets sent to credit bureaus:
__

5. List at least three types of information that gets sent to credit bureaus: __

Solução

expert verifiedVerification of experts
4.4348 Voting
avatar
EdsonVeterano · Tutor por 9 anos

Responder

The three types of information that get sent to credit bureaus are Payment History, Amounts Owed, and Length of Credit History.

Explicação

Credit bureaus collect a variety of information about individuals to generate credit reports. This information is used by lenders to assess an individual's creditworthiness. The types of information sent to credit bureaus include:<br /><br />## Payment History: <br />This includes information about whether an individual pays their bills on time. This is a critical factor in determining creditworthiness.<br /><br />## Amounts Owed: <br />This includes the total amount of debt an individual has across all their credit accounts. This is used to assess the individual's ability to repay their debts.<br /><br />## Length of Credit History: <br />This includes the length of time an individual has had credit. This is used to assess the individual's creditworthiness.
Clique para avaliar: