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Why do the credit reporting agencies track data on consumers To help companies determine to give cash back rewards to their best customers To help a lender decide whether a person is a good credit risk
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Why do the credit reporting agencies track data on consumers

To help companies determine to give cash back rewards to their best customers

To help a lender decide whether a person is a good credit risk

To provide companies with only derogatory data so that they decline your business

User Rahul Choudhary
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To help a lender decide whether a person is a good credit risk.

Cashback rewards are not the purpose of credit reports, and credit reports do NOT only provide derogatory information.

User Ben Max Rubinstein
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