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dimulka [17.4K]
3 years ago
6

What are some pros and cons of using credit scores for insurance pricing?

Mathematics
1 answer:
I am Lyosha [343]3 years ago
8 0
Pros: • Current use of goods and services
• Permits purchase even when funds are low
• A cushion for emergencies
• Easier to return Merch
• Convenient when shopping
• Provides record of expenses
• One Monthly payment
• Safer
• Car rentals and Hotel reservations

cons: • Temptation to overspend
• Can create long term financial problems
• Potential loss of merch
• Ties up future income
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