Which Event Can Have a Negative Effect on Your Credit

question 25

Multiple Choice

Which event can have a negative effect on your credit report?

• A) Owning stock in a company that declares bankruptcy.
• B) Taking out a student loan.
• C) Losing a home to foreclosure.
• D) All of these answer choices are correct.

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Definitions:

Anorexia Nervosa

A psychological and potentially life-threatening eating disorder characterized by an extremely low body weight and a distorted perception of weight or fear of gaining weight.

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a manual published by the American Psychiatric Association that classifies mental disorders.

Medical Model Bias

The tendency to view mental health issues and behaviors solely through the lens of biological factors or illnesses, often overlooking social, psychological, and environmental influences.

Observable Behaviors

Behaviors or responses from a person that are observable and quantifiable.