One of the most important determinants of the amount of credit you can obtain is your _____, which is a numerical indicator of your creditworthiness.
A) credit interest
B) credit score
C) credit history
D) debit score

Question

Quizplus · Accepted Answer

A credit score is a numerical indicator of your creditworthiness, calculated based on factors such as payment history, amount of debt, length of credit history, types of credit used, and new credit. Lenders often use this score to determine the amount and terms of credit they will offer you. Options A, C, and D are not correct as they do not accurately describe the measure of creditworthiness that lenders use to determine credit offers.

One of the Most Important Determinants of the Amount of Credit