8
AssignmentDropdown

Managing Financial Information

Question 8 • TX-Personal Financial Literacy and Economics

A credit report summarizes a person’s .

Answer
A
borrowing needs
B
credit activity
C
savings history

Explanation

A credit report records information about how a person has used credit, such as loans, credit cards, payment history, and outstanding balances. That makes “credit activity” the correct choice; it does not summarize borrowing needs or savings history.

AI-written and checked against the verified answer.

Previous
Next