If You Are Denied Credit, You Can Contact the Credit

question 133

Multiple Choice

If you are denied credit, you can contact the credit bureau and ask for a copy of your credit report. The bureau cannot charge a fee for this service as long as you ask to see your files within of notification that your credit application has been denied.

• A) 10 days.
• B) 20 days.
• C) 30 days.
• D) 60 days.
• E) 90 days.

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Definitions:

Efficiency

The optimal allocation of resources to ensure the best possible outcome or output.

Equity

Refers to fairness and justice in the distribution of resources and opportunities.

Fairness

The quality of treating others equitably, without favoritism or discrimination, often applied in legal, social, and economic contexts.

Equity

The ownership interest held by shareholders in a corporation, represented by their shares of stock.