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Obtaining an Annual Credit Report Is Free but Obtaining Your

question 37

True/False

Obtaining an annual credit report is free but obtaining your credit scores requires payment to the credit bureaus.


Definitions:

Savings Account

A bank account that earns interest and is typically used for holding money that is not intended for daily expenses.

Accumulated Amount

The total sum including the principal and the compounded interest over a period.

End-Of-Quarter Payments

Payments that are made at the conclusion of a fiscal quarter, often related to financial obligations such as loans or leases.

Annuity

A fiscal product designed to disburse a static sequence of payments to someone, chiefly utilized as a means for generating income during retirement.

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