Business, 24.07.2019 23:30 aliciabenitez

All of the following make up the big three credit reporting agencies except: a)equifax b)transunion c)experian d)federal reserve

Answers: 2

Show answers

Answers

Answer from: Franciscoramosxt

The correct answer is D. Federal reserve.

The three credit reporting agencies include experian, transunion, and equifax.

It is from credit reports where credit scores are calculated.

Credit scores represents the risk which a lender may take what he is borrowing the money.

Equifax, experian, and transunion are different in that each one of them represents a separate credit bureau with its own way.

Answer from: mnaiachickadee

The correct option is D.

All of the following make up the big three credit reporting agencies except the Federal Reserve.

Further Explanation:

Credit reporting agencies:

Credit reporting agencies are Equifax, TransUnion, and Experian in the United States of America. A credit reporting agency maintains the information regarding the credit details of the individuals and businesses. This agency collects reports from the lenders and makes a credit report. It is also known as a credit reporting bureau.

Justification for the correct and incorrect option:

equifax: This is an incorrect option.

Equifax is a credit-reporting agency.

transunion: This is an incorrect option.

TransUnion is a credit-reporting agency.

experian: This is an incorrect option.

Experian is a credit-reporting agency.

Federal reserve: This is the correct option.

Federal reserve is not a credit-reporting agency. Federal Reserve is a central bank of the United States of America. It was established on December 23, 1913, with the Federal Reserve Act to minimize the financial crisis.

Learn More:

1. Credit card

2. Interest value

3. Credit card

Answer Details:

Grade: High School

Chapter: Credit card reporting agencies

Subject: Business Studies

Keywords

:All of the following make up the big three credit reporting agencies except, Equifax, TransUnion, Experian, Federal reserve, central, bank, United States of America.

Answer from: Quest

There are three key entities in thefederal reserve system: the board of governors, the federal reserve banks(reserve banks), and the federal open market committee (fomc). while the federal reserve has frequent communication with executive branch and congressional officials, its decisions are made independently.

Answer from: Quest

i might look it up later.

Another question on Business

Business, 22.06.2019 10:30

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Answers: 2

Answer

Business, 22.06.2019 10:30

Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner

Answers: 1

Answer

Business, 22.06.2019 11:30

On average, someone with a bachelor's degree is estimated to earn times more than someone with a high school diploma. a)1.2 b)1.4 c)1.6 d)1.8

Answers: 1

Answer

Business, 22.06.2019 14:50

One pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be:

Answers: 2

Answer

You know the right answer?

All of the following make up the big three credit reporting agencies except: a)equifax b)transunion...

Questions