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35 votes
35 votes
Which statement about the value of a credit report to lenders and borrowers is NOT true?

aCredit reports tell borrowers their likelihood of getting a loan, and their likelihood of getting a good rate.

bCredit reports always tell borrowers and lenders whether a borrower will be able to repay a loan.

cCredit reports tell lenders the risk that a borrower will not repay a loan.

dCredit reports tell borrowers and lenders about the borrower’s past performance on loans.

User Nmxprime
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1 Answer

12 votes
12 votes

Answer:

Credit reports always tell borrowers and lenders whether a borrower will be able to repay a loan.

Explanation:

The answer is right

User Sdrevk
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