Answer:
A college degree
Explanation:
College life is very likely
The first step in making a choice is to define the issue at hand. When making judgments, related costs and benefits should be evaluated. When making judgments, extraneous costs and advantages should be overlooked.
It goes up because you are paying your payments therefore building credit by showing you are trustworthy..
For investors, <u>credit rating agencies </u>provide independent, easy-to-use measurements of relative credit risk.
A credit rating agency refers to a company that assigns credit ratings. A <em>credit rating agency</em> also serves as a basis for proper risk and return.
A credit rating agency is important as it helps in rating the ability of a debtor to pay back its credit. Therefore, for investors, credit rating agencies provide independent, easy-to-use measurements of relative credit risk.
In conclusion, credit rating agencies also rate the creditworthiness of issuers of debt instruments.
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