Any Time a Consumer Is Denied Credit or Insurance on the Basis

question 65

True/False

Any time a consumer is denied credit or insurance on the basis of his or her credit report,the consumer must be notified of that fact.

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Definitions:

Six-figure Accuracy

A level of precision in calculations or measurements that includes six digits significant to the result.

Evaluate

To assess or determine the value, significance, or extent of something.

Six-figure Accuracy

Six-figure accuracy refers to a level of precision in which a number is accurate to six significant digits, indicating extremely precise measurement or calculation.

Evaluate

To evaluate or gauge the worth, importance, or magnitude of something.