question 1 (1 point) which of the following is true about credit reports? they are prepared once every five…

question 1 (1 point) which of the following is true about credit reports? they are prepared once every five years. they list payment history and debt levels. they are used to determine taxes owed. they are only available to financial institutions.

question 1 (1 point) which of the following is true about credit reports? they are prepared once every five years. they list payment history and debt levels. they are used to determine taxes owed. they are only available to financial institutions.

Answer

Brief Explanations:

Credit reports list an individual's payment history and debt levels. They are not only available to financial institutions. They are used for various purposes like loan - approval decisions, not just to determine taxes owed. And they are updated regularly, not once every five years.

Answer:

They list payment history and debt levels.