Errors on Credit Reports Can Occur

question 34

Multiple Choice

Errors on credit reports can occur. If there is an error on your report,

• A)it is your responsibility to review it once a year for accuracy and inform about any errors.
• B)your dispute will result in the credit agency being charged under the Fair Credit Reporting Act.
• C)the creditor reporting to the agency must correct it at your request.
• D)you must inform the Better Business Bureau to take your case to the authorities.

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Definitions:

Shorter

Relating to a length or duration that is less than average or than previously mentioned.

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A cognitive ability that allows individuals to arrange objects in accordance with a certain criterion, such as size or color.

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An internal conflict within a country, fought between differing factions, regions, or groups that belong to the same nation, often resulting in significant political, social, and economic changes.

Timeline

A graphical representation of a chronological sequence of events, typically used to visualize historical events, project milestones, or life events.