prob 15. taraji is learning about credit scores and trying to understand what factors are considered when…

prob 15. taraji is learning about credit scores and trying to understand what factors are considered when calculating a credit score. which component is key to calculating a credit score? annual income marital status payment history employment status

prob 15. taraji is learning about credit scores and trying to understand what factors are considered when calculating a credit score. which component is key to calculating a credit score? annual income marital status payment history employment status

Answer

Brief Explanations:

Payment history is a crucial factor in credit - scoring models. Lenders assess how consistently borrowers have made payments in the past to gauge future creditworthiness. Annual income, marital status, and employment status can be considered in some lending decisions but are not key components in the core calculation of a credit score.

Answer:

payment history