DATABASE FUNDAMENTALS
DATA WAREHOUSING AND DATA MINING
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
classification
|
|
|
prediction
|
|
|
analysing
|
|
|
none
|
Detailed explanation-1: -If your application is approved, the bank will then set a credit limit for you depending on your income, existing debts and Credit Score. Post that, you’ll be intimated about the status of your application and your Credit Card, along with necessary documentation, will be dispatched to your mailing address.
Detailed explanation-2: -A credit card application is the document a consumer or consumers sign to request a credit card. It typically asks for personal information such as income and Social Security number to help the card issuer decide whether to extend credit and at what rate.
Detailed explanation-3: -Fortunately, most cards can be classified into three major categories based on the features they offer: rewards credit cards, low interest and balance transfer cards, and credit-building cards. This classification can help you narrow down your choices.