Question

How does the use of credit influence businesses and the economy?

Answer 1

a credit company will look at your history with credit and either accept you or deny you based on your credit score

i hope this helps..;)

Answer 2

If applying for a thing like a loan, a bank will look at your credit history. Based on your score and how good your credit is they will either accept you or deny you. Keeping good credit is very important.