What Step Can You Take If Your Credit Application Is

question 108

Multiple Choice

What step can you take if your credit application is denied?

• A) Sue the credit rating agency.
• B) File a complaint against the merchant.
• C) Ask why you were denied credit.
• D) Reapply for credit once 30 days have passed.
• E) Borrowers do not have any rights provided by law.

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Definitions:

Major Depressive Disorder

An emotional health issue that is identified by a constant state of depression or a decrease in pleasure in usual tasks, which greatly interferes with day-to-day life.

Anergia

A state of reduced energy or vitality, often associated with depression and other mental health conditions.

Anhedonia

The inability to experience pleasure from activities usually found enjoyable, often a symptom of depression and other psychiatric disorders.

Psychomotor Retardation

A slowing-down of thought and a reduction of physical movements in an individual, which can be a symptom of psychiatric disorders such as depression.