Better Understanding a Consumer Credit Report

As shoppers and as retailers, we know that an individual’s credit score is very important in determining the rate of interest a person pays for a credit card or loan transaction, how much they are able to buy on credit (the spending limit), etc. An excellent rating is an important guide for both shoppers and retailers. But, do we know how a credit rating is computed?
 
Here is a good video overview from Barclaycard U.S..
 

 

This entry was posted in Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Video Clips (non-career) and tagged , , , . Bookmark the permalink.

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