When Evaluating Your Credit Application, a Lender May NOT

question 74

Multiple Choice

When evaluating your credit application, a lender may NOT

• A) Ask your date of birth.
• B) Deny you credit if you receive public assistance.
• C) Request a list of the ages of your dependents.
• D) Inquire if you ever received credit before from that lender.
• E) Ask your marital status

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Definitions:

Bad News

Information that is unwelcome, unpleasant, or disappointing.

Duration

The length of time that something continues or exists.

Overestimate

To assess something as more, larger, or more important than it actually is.

Role Management

The process of balancing and navigating various roles one holds in personal and professional life to avoid role conflict.