QuestionAugust 10, 2025

Which is NOT one of most common deciding factors for a credit application? Income Credit history Amount of debt History of using public assistance

Which is NOT one of most common deciding factors for a credit application? Income Credit history Amount of debt History of using public assistance
Which is NOT one of most common deciding factors for a credit application?
Income
Credit history
Amount of debt
History of using public assistance

Solution
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Answer

History of using public assistance Explanation 1. Identify common credit factors Income, credit history, and amount of debt are standard factors considered in credit applications. 2. Identify uncommon factor History of using public assistance is not typically a deciding factor for credit applications.

Explanation

1. Identify common credit factors<br /> Income, credit history, and amount of debt are standard factors considered in credit applications.<br />2. Identify uncommon factor<br /> History of using public assistance is not typically a deciding factor for credit applications.
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