Multiple Choice
TransUnion is aware that you are one month late on your car payment,while Equifax has not yet uncovered this information.Which of the following statements is correct?
A) TransUnion will have a lower credit score for you than Equifax.
B) Both companies will have the same credit score because of the grace period.
C) Being late one month on a car payment will not affect your BEACON score.
D) Both companies will have the same credit score because car payments are backed by collateral.
Correct Answer:
Verified
Correct Answer:
Verified
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