The information in your credit report is primarily used by the credit bureau to calculate your:
A)debt to equity ratio.
B)FICO credit score.
C)debt payment to income ratio.
D)liquidity ratio.
E)long term capitalization ratio.

Question

Quizplus · Accepted Answer

The FICO credit score is the primary calculation that credit bureaus use to evaluate a consumer's creditworthiness. This score is based on the information in the consumer's credit report, including their credit history and current credit usage. The other ratios listed are not typically used in credit reporting or evaluation.

The Information in Your Credit Report Is Primarily Used by the Credit