Which of the Following Is True About Credit Repair Services

question 13

Multiple Choice

Which of the following is true about credit repair services?

• A)Using a credit repair service should be the first step in negotiating an insolvency.
• B)A credit repair service will work with the trustee in bankruptcy to administer a consumer proposal.
• C)A credit repair company should be contacted only as a last resort in avoiding bankruptcy.
• D)Credit repair companies have no special powers to correct information on your credit report.

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Definitions:

Control Computers

The act of commanding or managing computers and their functions through software or hardware means.

Digital Devices

Electronic tools that store, process, and display data using digital techniques, such as smartphones, computers, and tablets.

Promotional Messages

Communications designed to market or advertise a product, service, or event to an audience.

Laws And Regulations

The system of rules that are created and enforced through social or governmental institutions to regulate behavior.