Question

Companies report people to credit agencies if they iffail to pay their bills on time.
• borrow too much money.
•
fail to use
different types of credit.
O use large amounts
of credit at once.

Answer 1

Companies report people to credit agencies if they fail to pay their bills on time. Option A

What is Credit agency?

Credit agency are companies that gathers information about creditors.

They help in given detail report of credit facilities that is available to an individual and can determine if an individual is Worthy of been borrowed money.

Therefore,

Companies report people to credit agencies if they fail to pay their bills on time

Learn on creditors below

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