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Which of the following statements are TRUE about credit scores?

A.Credit scores reflect how likely individuals are to repay their debts.
B.Only the credit bureaus know exactly how credit scores are calculated.
C.Both A & B
D.Neither A nor B

2 Answers

5 votes
I think it's both A and B.
User Bruce Martin
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2 votes
I agree with the person above - the correct answer as to which statements are true about credit scores is C. both A and B, which means that credit scores indeed do reflect how likely individuals are to repay their debts and only the credit bureaus know exactly how credit scores are calculated.
User Bosch
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7.7k points