If a Consumer Claims That His or Her Credit File

question 48

True/False

If a consumer claims that his or her credit file contains inaccurate information,the concerned credit reporting agency (CRA) merely has to verify that it took the information accurately from the original source and has no duty to investigate further.

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Definitions:

Starting Salaries

The initial compensation that an employee receives when starting a new job, often determined by industry standards, job function, and experience level.

Software Engineers

Professionals who apply engineering principles to the design, development, maintenance, testing, and evaluation of the software and systems that make computers or anything containing software, like chips, work.

Mean Starting

The initial average value from which a process or calculation begins or is derived.

Hypothesis Testing

A method in statistics to determine whether there is enough evidence in a sample of data to infer that a certain condition is true for the entire population.