1. Describe credit scoring and explain how it’s used (by lenders) in making a credit decision. 2. Describe the basic operations and functions of a credit bureau. 3. What is the most common method used...

1. Describe credit scoring and explain how it’s used (by lenders) in making a credit decision.

2. Describe the basic operations and functions of a credit bureau.

3. What is the most common method used to compute finance charges?

4. The monthly statement is a key feature of bank and retail credit cards. What does this statement typically disclose?