Question

Which statement best describes the role of a credit agency?

It tracks the use of credit for lenders.
It predicts future earning potential for lenders.
It teaches how to make smart financial decisions.
It shows how saving money makes financial sense.

Answer 1

Answer:

It predicts future earning potential for lenders.

Answer 2

The statement best describes the role of a credit agency is it tracks the use of credit for lenders.

What is the role of a credit agency?

Credit agencies help lenders to determine if a potential borrower would be able to repay the money borrowed based on their past credit histories. Individuals who repay loans quickly would most likely have a positive rating.

To learn more about credit agencies, please check: https://brainly.com/question/3552520

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