Managing Financial Information

Question 1

It is important for victims of identity theft to contact the authorities

Revolt · Accepted Answer

quickly to protect themselves from financial losses.

Question 2

The tables show two ways to pay off $500 in credit card debt.

Revolt · Accepted Answer

$100 a month because it will reduce the amount of interest paid

Question 3

Which person is a victim of identity theft?

Revolt · Accepted Answer

Thomas, whose credit card information was stolen and maxed out at a jewelry store

Question 4

Which of these scenarios most puts Margaret at risk of identity theft?

Revolt · Accepted Answer

Margaret manages her bank account through its website while using a restaurant’s public wifi.

Question 5

Which consequences can victims of identity theft face? Check all that apply.difficulty getting a loan or credit cardan increase in debtthe loss of a jobdifficulty keeping assetsa loss of moneydifficulty landing a new job

Question 6

bankruptcypaymentdissolutioncancellation

Revolt · Accepted Answer

payment

Question 7

The safest way for someone to make an online purchase is to

Revolt · Accepted Answer

buy from a reputable website.

Question 8

Which information is included on a person’s credit report? Check all that apply.money owed to a relativecurrent credit cards and loanstotal amount of money owedwhether bills are paid on timehow much money lenders will loaninterest rates for different loans

Question 9

When can a credit agency release someone’s credit information in Florida?

Revolt · Accepted Answer

when a consumer authorizes it

Question 10

monitorflagfreezecancel

Revolt · Accepted Answer

freeze

Managing Financial Information Answers

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