21: Factors That Affect Your Credit Rating

Match it! Select the correct answer from the pull down...Good luck!

work for banks and other financial lending institutions. They assist consumers and businesses in applying for and receiving loans and mortgages

A _________is someone who signs a lease or loan with you. This person agrees to pay the bill if you do not

If the person that gets the loan doesn't pay the person that cosigned the loan will have to

You can see why a bank would want to know about a person's credit history. They want to know if you are _________.

The Five C's of Credit are factors that determine your creditworthiness

many different people will use your credit history to make decisions about you. This includes

that lenders lend money only to those individuals or businesses that are most likely to pay them back. This type of borrower is known as a

Another tool a lender uses to determine your creditworthiness is your ________. This three-digit number is calculated by looking at the data in the credit report.