Sophia's family is growing, and she needs to buy a bigger car by financing it for five years. why is it important for her to check the information recorded on her
credit report?
to verity that her report reflects accurate on-time payment history
to confirm that her report has the correct car brand and model
to check that her report includes the appropriate maintenance schedule
to ensure that her report shows the correct license registration

Question

27-06-2022
Business

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Sophia's family is growing, and she needs to buy a bigger car by financing it for five years. why is it important for her to check the information recorded on her
credit report?
to verity that her report reflects accurate on-time payment history
to confirm that her report has the correct car brand and model
to check that her report includes the appropriate maintenance schedule
to ensure that her report shows the correct license registration

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Tundexi Tundexi · Answer 1 · 2022-06-30T17:07:02+02:00

It is important for her to check the information recorded on her credit report to verity that her report reflects accurate on-time payment history.

What is credit report?

This refers to the list that shows a client data about their credit activity such as loan paying history, status of credit accounts etc

Hence, Sophia needed to check the information recorded on her credit report to verity that her report reflects accurate on-time payment history.

Therefore, the Option A is correct.