A Credit Score Is a Number That Indicates the Creditworthiness

question 6

True/False

A credit score is a number that indicates the creditworthiness or likelihood that a borrower will make loan payments when due

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Definitions:

Generalized Cultural Value

Broadly accepted cultural norms and values that transcend individual societies, serving as a guide for social behavior and expectations.

Personal Health Promotion

Self-directed actions or behaviors aimed at improving or maintaining an individual's health and well-being.

Preferences

Individual tastes or choices regarding a variety of options, such as products, activities, or approaches.

External, Situational

Factors or circumstances in the environment that are outside of an individual's control but can affect their behavior or decisions.