Credit Report Is Routinely Used to Predict Credit Worthiness

question 85

True/False

Credit report is routinely used to predict credit worthiness.

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Definitions:

Technology

The usage of science-based knowledge to achieve practical outcomes, especially within industrial contexts.

Formal Rules

Are established regulations and procedures that govern organizational and group behavior.

Procedures

Established methods or ways of doing something, often detailed and written down, especially in the context of business operations or professional practices.

Collective Efficacy

A group's shared belief in its conjoint capabilities to organize and execute the courses of action required to produce given levels of attainments.