Which of the Following Regarding Credit Application Analysis Is Incorrect

question 48

Multiple Choice

Which of the following regarding credit application analysis is incorrect?

• A)Bankruptcy remains a mark against you for a period of ten years after it occurs.
• B)Credit card issuers normally assign a minimal acceptable credit cutoff score.
• C)Lenders may not discriminate on the basis of age.
• D)You are entitled to one free copy of your credit report each year from the three major credit bureaus.
• E)None of the above statements is incorrect;all of the above are true statements.

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Definitions:

Limitations

Constraints or restrictions that may limit the scope, methodology, or outcomes of research, projects, or actions.

Termination of Group

The process or act of disbanding or ending the existence of a group.

Feeling of Rejected

A state of emotional discomfort caused by perceiving oneself as being excluded or disregarded by others.

Settlement House Workers

Individuals involved in social reform through the operation of settlement houses, which provide community services and support to urban poor and immigrant populations.