Which of the Following Is True About Credit Scoring

question 9

Multiple Choice

Which of the following is true about credit scoring?

• A) It is a new method of credit analysis
• B) It is a number compiled from credit records that show a person's creditworthiness
• C) It has no variation and can be the sole criteria for creditworthiness
• D) It is used only for analysis of car loans

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Definitions:

Psychoanalysis

A therapeutic approach and theory of mind developed by Freud, focusing on unconscious processes influencing behavior.

Deinstitutionalization

Process of closing large asylums and integrating people back into the community where they can be treated locally.

Electroshock

Also known as electroconvulsive therapy (ECT), it is a psychiatric treatment in which seizures are electrically induced in patients to provide relief from mental disorders.

Electroconvulsive Therapy

A psychiatric treatment involving electrically induced seizures to provide relief from severe mental disorders, notably major depression.