Managing Financial Information

Question 1

It is important to reduce your debt in order to your credit.

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improve

Question 2

Paying down a debt as quickly as possible can help interest owed.

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reduce

Question 3

Checking your credit report can help you .

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monitor your information

Question 4

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

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eliminated

Question 5

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

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bank account information; credit card information; Social Security numbers

Question 6

Personal information should be .

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kept safe and secure

Question 7

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

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harm

Question 8

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

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delete the e-mail

Question 9

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

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seven to ten years

Question 10

As a result of his financial situation, Alex likely has a(n) credit score.

Revolt · Accepted Answer

low

Managing Financial Information Answers

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