which statement best describes the role of a credit agency?\nit tracks the use of credit for lenders.\nit…
which statement best describes the role of a credit agency?\nit tracks the use of credit for lenders.\nit predicts future earning potential for lenders.\nit teaches how to make smart financial decisions.\nit shows how saving money makes financial sense.
Answer
Brief Explanations:
A credit agency assesses and tracks the credit - related activities of borrowers for lenders. It does not predict future earning potential, teach financial decision - making, or focus on the benefits of saving money. Its main role is to provide information on credit usage to lenders.
Answer:
It tracks the use of credit for lenders.