Consumers Have a Right to

question 1

Multiple Choice

Consumers have a right to

• A)exclude as obsolete information about a bankruptcy discharge 7 years previously.
• B)know the name of anyone to whom credit information has been supplied by a consumer reporting agency within the last 3 years.
• C)have their own version of a disputed credit situation included in their credit file.
• D)have investigative reports become obsolete after 1 year.

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Definitions:

Debt

Money owed by one party, the borrower or debtor, to a second party, the lender or creditor.

Political Ideals

Refers to the fundamental beliefs or principles concerning how society should be organized and governed.

Religion

A set of beliefs concerning the cause, nature, and purpose of the universe, especially when considered as the creation of a superhuman agency or agencies, often involving devotional and ritual observances.