Question

Credit rating ia called--- 1)Personal loan 2)Credit test 3) Both A and B 4)None of these

Answer 1

$\huge{\red{Option. B}}$

Credit rating is called as Credit Test.

Explanation:

Credit rating is the rating given to a person or entity set as a company evaluating rating is the rating given to a person or entity such as a company evaluating the degree of risk involved in giving it a loan .

The rating shows the ability and the person or entity to repay the loan at a specified time , at a specified rate of interest.

A lender takes into account the credit rating of a client before giving loan.

Answer 2

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Answer:here's your answer

Option B

Credit rating is called credit test.

Explanation:

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