首页
登录
职称英语
【B1】 [br] 【B9】 [originaltext] More and more Americans are reading their own cr
【B1】 [br] 【B9】 [originaltext] More and more Americans are reading their own cr
游客
2024-02-15
44
管理
问题
【B1】 [br] 【B9】
More and more Americans are reading their own credit report. Credit reports are issued by lenders to decide how risky it would be to offer a loan or credit to an individual.
The report holds information about a person’s current loans and credit-card debt It records late payments of bills and any unpaid loans. It all adds up to a credit history. These days, though, lenders often welcome people with bad credit histories. They are charged higher interest rates and other loan costs.
Some Americans want to read their credit report to know if they have been a victim of identity theft. They can see if any loans or credit cards have been opened in their name with stolen personal information.
Another reason is that credit reports are not always correct. They might contain wrong information or old’ information.
Before 1971, Americans could not see any of this information. One change, in 2001, permits people to see their FICO score. FICO is short for the Fair Isaac Corporation. That company developed a way to represent credit risk with a number. The number is based on information gathered by credit reporting agencies.
Fair Isaac says many lenders not just in the United States but around the world use its technology to create credit scores. But lenders are not the only ones interested in these numbers. As of May, the company says it sold ten million credit scores to individuals.
People with high scores can expect lower interest rates for loans. The idea is that the higher the score, the lower the risk. Paying bills on time and paying off credit-card debt improves credit scores.
选项
答案
That company developed a way to represent credit risk with a number. The number is based on information gathered by credit reporting agencies.
解析
转载请注明原文地址:http://tihaiku.com/zcyy/3453016.html
相关试题推荐
[originaltext]ThedaysofthehunterarealmostoverinIndia.Thisispart
[originaltext]ThedaysofthehunterarealmostoverinIndia.Thisispart
[originaltext]Ifparentsbringupachildwiththeaimofturninghiminto
[originaltext]Ifparentsbringupachildwiththeaimofturninghiminto
[originaltext]W:WillyoubehavingThanksgivingathomeorwillyoubegoingt
[originaltext]W:WillyoubehavingThanksgivingathomeorwillyoubegoingt
[originaltext]M:I’vespentallthemoneythismonth.That’sterrible.W:Yous
[originaltext]M:I’vespentallthemoneythismonth.That’sterrible.W:Yous
[originaltext]M:I’vespentallthemoneythismonth.That’sterrible.W:Yous
[originaltext]M:I’vespentallthemoneythismonth.That’sterrible.W:Yous
随机试题
I’dliketotalkabout(1)inEnglandandWales,andinEnglandandWalesth
[originaltext]M:Hi,Kate.Youlookupset.What’sup?W:Well,I’mtryingtofi
______canmakeamistake;nooneisperfect.A、NobodyB、SomeoneC、AnyoneD、Each
下列关于土地承包经营权的说法,正确的有( )。A.土地承包经营权自土地承包经营
假设系统有n(n≥3)个进程共享资源R,且资源R的可用数3。若采用PV操作,则相
(2016年)甲将自己电脑出租给乙使用,租赁期间,甲又将电脑卖给丙,并与丙约定于
文物:历史遗留下来的在文化发展史上有价值的东西。 下列属于文物的一项是()
根据支付结算法律制度的规定,下列各项中,关于票据提示付款期限说法正确的有()。A
下列建设项目财务评价指标中,属于动态分析的指标有()。A.财务内部收益率
铁剂停药的时间是A.血红蛋白正常后立即停药 B.血红蛋白正常后再服半个月停药
最新回复
(
0
)