Which of the Following Are the Three Main Credit Agencies

question 49

Multiple Choice

Which of the following are the three main credit agencies in the U.S.?

• A) Equifax, Absolute, and Assure
• B) Assure, TransUnion and Equifax
• C) Assure, Experian, and Equifax
• D) Experian, Equifax, and TransUnion

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Definitions:

Cumulative Rights

Voting rights allowing shareholders to accumulate their votes for a single candidate in a corporate election.

Secured Parties

Creditors or lenders who have a secured interest in a borrower's collateral to secure repayment of the loan.

Secured Creditor

A lender or creditor who has a legal right to seize collateral if the borrower fails to repay the debt as agreed.

After-Acquired Inventory

Inventory obtained by a company after it has granted a security interest in its inventory to a creditor, which may also fall under the security interest for that creditor.