Question

when might a credit card company use credit scores? select true or false for each statement. a credit card company might use credit scores to decide which customers get higher credit limits. a credit card company might use credit scores to decide which customers get lower interest rates. a credit card company might use credit scores to issue gift cards to employees.

Explanation:

Credit scores reflect credit - worthiness. Higher scores often mean more credit - worthy customers, so they can get higher credit limits and lower interest rates. Credit scores have no relation to issuing gift cards to employees.

Answer:

A credit card company might use credit scores to decide which customers get higher credit limits. - True
A credit card company might use credit scores to decide which customers get lower interest rates. - True
A credit card company might use credit scores to issue gift cards to employees. - False