Being Late on Credit Payments Only 2-3 Times Per Year

question 112

True/False

Being late on credit payments only 2-3 times per year may label you a "late payer" in your credit file.

---

Definitions:

Prepared

The state of being ready for a particular activity or event, often as a result of careful planning, organization, and practice.

Inference-Observation Confusion

It refers to the misunderstanding that occurs when people confuse their inferences, or interpretations, with factual observations.

Vague Instructions

Instructions that are not clear or specific, leading to confusion or misinterpretation.

Trait Anxiety

A personality characteristic where an individual tends to perceive situations as threatening and react with anxiety more often than the average person.