How do lenders use credit scores, Microeconomics

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How do lenders use credit scores

Problem

What is a credit score? How do lenders use credit scores? Your response should also explain the benefits of having a good credit score and the disadvantages of having a lower credit score, as well as identifying two factors that are used to determine a person's credit score.

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Microeconomics: How do lenders use credit scores

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Microeconomics: How do lenders use credit scores

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