Personal Finance TextbookPg $193($original questions: $1,3,4,6,7,10$ and $30.)1.$ Define and describe credit$2.$ What are the advantages and disadvantages of using credit?$3.$ Explain credit history$\mathrm{.}4.$ Name the two major credit bureaus. What information do credit reports provide?$5.$ What eight major areas of information may be included in your credit report?$6.$ What is the credit score range? What is a good score? If you have good credit, will you automatically be approved for a loan?$7.$ Define and describe collateral. When obtaining a loan, what is the benefit of providing collateral?

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