The decision about whether or not to grant you credit will be made by ____________.
A)individual creditors
B)the credit bureau
C)the credit card holder
D)the Federal Trade Commission

Question

The decision about whether or not to grant you credit will be made by ____________. ​
A)individual creditors
B)the credit bureau
C)the credit card holder
D)the Federal Trade Commission

Quizplus · Accepted Answer

Individual creditors are the ones who make the decision about whether or not to grant credit to an individual. Credit bureaus provide the creditors with information regarding the creditworthiness of individuals, but they do not make the decision themselves. The credit card holder does not make the decision about whether to grant credit, they are just the recipient of the credit. The Federal Trade Commission is a government agency that regulates credit practices, but they do not make specific credit decisions for individuals.

The Decision About Whether or Not to Grant You Credit