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:

Getting Meaning

The process of understanding, interpreting, or making sense of something, especially in the context of communication or learning.

Senser

is typically related to personality types or sensory processing, focusing on individuals who prefer using their senses to perceive and interact with the world.

People-Oriented

A characteristic of individuals or organizations that prioritize human interaction, focusing on relationships and individuals' well-being.

Active Listening

The practice of fully concentrating on the speaker, understanding their message, and responding thoughtfully.