The information in your credit report is primarily used by the credit bureau to compute 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 most commonly used credit score by lenders and is calculated using information from the individual's credit report. This score takes into account factors such as payment history, amounts owed, length of credit history, and new credit accounts. The other options listed are ratios used by analysts to evaluate a company's financial health and do not apply to an individual's credit report.

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