what is the ability of a customer to obtain goods or services before payment?\ncredit score\ncollateral\ncapa…

what is the ability of a customer to obtain goods or services before payment?\ncredit score\ncollateral\ncapacity\ncredit\na credit report is available through three main private companies: which is not one of them\nequifax\nuniversal\ntransunion\nexperian

what is the ability of a customer to obtain goods or services before payment?\ncredit score\ncollateral\ncapacity\ncredit\na credit report is available through three main private companies: which is not one of them\nequifax\nuniversal\ntransunion\nexperian

Answer

Brief Explanations:

  • For the first question: Credit refers to the ability of a customer to obtain goods or services before payment. A credit score is a numerical representation of creditworthiness. Collateral is an asset pledged for a loan. Capacity is the ability to repay debt.
  • For the second question: The three main credit reporting companies are Equifax, Transunion, and Experian. Universal is not one of them.

Answer:

  • First question: Credit
  • Second question: Universal