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kobusy [5.1K]
3 years ago
15

What is a “thin file”?

Business
1 answer:
devlian [24]3 years ago
6 0

Answer:

The correct answer is letter "C": Your credit history is little to none, which makes it difficult to obtain credit moving forward.

Explanation:

Having a thin credit file implies there is little to no information about your credit history. This scenario is typical for people who have not requested any credits in the past. When they apply for a loan for the first time, they might struggle because banks do not have much information to determine if that person will take care of the loan payments or not.

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State chartered banks are required to become members of the federal reserve system.
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I think that any bank or incorporated banking institutions involved can become members.
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Young people should invest in: (5 points)
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The comparative balance sheet of ConnieJo Company, for December 31, Years 1 and 2 ended December 31 appears below in condensed f
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It the end of the accounting period on December 31, 2022, Rose Industries records wages payable of $42,500. For the same account
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