Which of the following statements is not true regarding reviewing your credit report?
A) You will be able to determine if any errors have been made so they can be corrected.
B) It will help determine if there are credit cards that you should apply for to improve your credit standing.
C) It will reveal the kind of information that lenders will consider when making a decision to extend credit.
D) It will reveal deficiencies that you can work to eliminate that will improve your credit rating.

Question

Quizplus · Accepted Answer

Reviewing your credit report can help you determine if there are any errors that need to be corrected, understand the information lenders consider when making credit decisions, and identify areas where you can improve your credit rating. However, it would not necessarily reveal specific credit cards that you should apply for to improve your credit standing. That decision would require additional research and analysis beyond simply reviewing your credit report.

Which of the Following Statements Is Not True Regarding Reviewing