Generally, Most of the Information in Your Credit File May

question 34

Multiple Choice

Generally, most of the information in your credit file may be reported for only ______ years.

• A)1
• B)3
• C)7
• D)9
• E)12

---

Definitions:

Fraudulent Misrepresentation

A false statement of a material fact made by one party to another party, which has the intent to deceive and induce the other party to enter into a contract.

Disclaimer

A statement that denies something, especially responsibility or a warranty in a contractual context.

Legal Consent

The voluntary agreement or approval given by someone with the lawful capacity to do so, in relation to a specific action or proposal.

Duress

A situation where a person performs an act as a result of violence, threat, or other pressures against them.