If You Are Denied Credit, Your First Step Should Be

question 81

Multiple Choice

If you are denied credit, your first step should be to:

• A) increase your income and decrease your spending.
• B) reapply for credit.
• C) hire an attorney and file a suit against the creditor.
• D) check your credit file at the consumer bureau.
• E) sue the credit bureau that provided the negative information.

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Definitions:

Patterns of Organization

Structured ways in which text or information is arranged and presented to enhance understanding and coherence.

Pro/con

A comparison that evaluates the advantages and disadvantages of a specific matter.

Chronological

Pertaining to the arrangement of events or elements in order of their occurrence in time.

Exclude Alternatives

The process of deliberately omitting or avoiding consideration of other options or choices.