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before applying for a credit card, jacob examines his credit report. wh…

Question

before applying for a credit card, jacob examines his credit report. which explains why jacob might examine his credit report? to determine which company has the best credit card features to determine if he has a history of good credit to determine if he needs a credit card to determine his credit limit

Explanation:

Brief Explanations

A credit report details an individual's credit history, including payment track record and creditworthiness. When applying for a credit card, lenders review this history to assess risk, so checking it beforehand lets an applicant confirm their positive credit standing. Comparing card features is done by researching cards, not one's own credit report; determining need for a card or credit limit is not the purpose of examining a personal credit report before an application.

Answer:

to determine if he has a history of good credit