TransUnion Is Aware That You Are One Month Late on Your

question 27

Multiple Choice

TransUnion is aware that you are one month late on your car payment,while Equifax has not yet uncovered this information.Which of the following statements is correct?

• A)TransUnion will have a lower credit score for you than Equifax.
• B)Both companies will have the same credit score because of the grace period.
• C)Being late one month on a car payment will not affect your BEACON score.
• D)Both companies will have the same credit score because car payments are backed by collateral.

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Definitions:

Social Media Policy

A document that outlines how an organization and its employees should conduct themselves online, including guidelines for protecting information and engaging with the public.

Center of Excellence Model

An approach that concentrates expert knowledge and resources in a particular area to drive innovation and excellence.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices, particularly its employees, culture, and management.

Social Media Policy

Guidelines and codes of conduct for how an organization and its employees should interact on social media platforms.