Showing Future Lenders That You Have a Good History with Credit

question 7

True/False

Showing future lenders that you have a good history with credit will help you when you apply for car loans or a mortgage.

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Definitions:

Predictive Validity

The extent to which a score on a scale or test predicts scores on some criterion measure.

Typology

A systematic classification or study of types that shares common characteristics.

Assessment

Process of gathering information about a person’s symptoms and their possible causes.

Reliability

The consistency of a measure or test; its ability to produce the same results under similar conditions.