If You Think That Your Bill Is Wrong,you Should First

question 127

Multiple Choice

If you think that your bill is wrong,you should first:

• A)contact the local credit bureau and inform it of the billing error.
• B)complain to the Better Business Bureau.
• C)contact your state consumer protection agency.
• D)notify the creditor in writing within 60 days after the bill was maileD.
• E)contact your attorney to settle the matter.

---

Definitions:

Sub-Prime Borrowers

Individuals who have poor credit histories and are considered high risk for defaulting on loan payments, often facing higher interest rates.

Housing Boom

A period characterized by rapid increases in the value of residential properties, often leading to increased building and investment in housing.

Default Rates

The percentage of borrowers who fail to repay their loans according to the terms of their agreements.

Foreclosure Rates

The percentage of properties undergoing the process of legal repossession by lenders due to borrowers' failure to make mortgage payments.