Managing Financial Information Answers

One reason people choose to file bankruptcy is because some of their debt will be .

A major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .

A major consequence of bankruptcy is that it can an individual’s chances of receiving additional credit for .

What types of information do identity thieves generally try to access? Check all that apply.bank account informationcredit card informationcredit scoresemployment informationSocial Security numbers

Personal information should be .

Michelle receives what appears to be an e-mail from her bank asking for her account and pin numbers. She should .

Use the drop-down menus to complete the statements about credit reports and scores.

Use the drop-down menus to complete the statements about protecting personal information.

abilityX attitude✔ trustworthiness

X Future incomeInvestment risk✔ Payment history

Given Alex’s credit history, consider how the bank will likely view him.

high average✔ low

✔ higherX lower

Use the drop-down menus to complete the statements about minimizing debt and using your credit report.

distributeeliminate✔ reduce

X decrease interest payments✔ monitor your informationreduce your debt

Use what you have learned about managing credit to complete the statements.

X help✔ harm

X a few monthsup to five years✔ seven to ten years

What types of information do identity thieves generally try to access? Check all that apply.bank account informationcredit card informationcredit scoresemployment informationSocial Security numbers