Damn Flashcards
Shred all bank statements bills or other documents
K
___ is a crime in which one person fraudulently uses another identity to obtain credit or to access find animal accounts
Identity theft
If you find out your identity has been stolen
Contact the 3 major credit reporting agencies to have a fraud alert
Contact each business that has Extended credit to you and explain what happened
Credit reporting agencies
Experian equifax trans Union
What is the measure of your dependability to repay a loan
Dependability
____ is a measure of your financial responsibility
Character
_____ is a measure of a consumers ability to repay a debt on time
Capacity
Capital is a measure of a consumers ability to repay a debt on time
Capital
A persons record of paying bills and debts over time is ones
Credit history
_____ is a system that assigns a number to each consumer indicating where this person is a good or bad credit risk
Credit scoring
_____ are used to set interest rates on some loans
FICO