Which of the Following Types of Information Do Credit Reporting

question 44

Multiple Choice

Which of the following types of information do credit reporting agencies not maintain?

• A) Information of current and former employers
• B) Account information such as payment schedules, items purchased, and buying habits.
• C) Marketing information such as customer breakdowns by age, sex, and income levels
• D) Consumer information such as addresses and family members
• E) Credit reporting agencies maintain all of the above information

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Definitions:

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits you could have received by taking an alternative action.

Monetary Cost

The amount of money expended to produce or acquire goods or services.

Opportunity Cost

The drawback of failing to select the next best possible choice during the decision-making process.

Free Meal

A complimentary food serving provided without charge, often as a promotional offering or as a benefit.