Services Which Allow One to Access His/her Credit Report as Often

question 26

Multiple Choice

Services which allow one to access his/her credit report as often as daily and obtain a personal FICO credit score is called a

• A)credit score.
• B)credit-monitoring service.
• C)credit application.
• D)negative option.

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Definitions:

Creditor Beneficiary

A third party that benefits from a contract between two other parties, particularly when one party promises to pay a debt owed to the creditor beneficiary by the other party.

Legal Duty

An obligation imposed by law upon an individual or entity to act or refrain from acting in a certain manner.

Donee Beneficiary

A third party beneficiary to a contract who receives a benefit from the contract as a gift.

Promisor

The person or party in a contract who has made a promise to perform or refrain from performing a certain act.