Managing Financial Information

Question 1

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

Revolt · Accepted Answer

buy from a reputable website.

Question 2

bankruptcypaymentdissolutioncancellation

Revolt · Accepted Answer

payment

Question 3

monitorflagfreezecancel

Revolt · Accepted Answer

freeze

Question 4

Bryan receives an e-mail from a group posing as a police officers association and asking for bank account information. This is an example of

Revolt · Accepted Answer

phishing.

Question 5

The Jones family would like to buy a home, but they have a large amount of debt that has led to a weak credit score. What step could the Jones family take to improve their credit?

Revolt · Accepted Answer

They could hire a financial adviser to figure out how to pay off their debt.

Question 6

A car dealership analyzing whether it will loan money to William to buy a new car finds that his credit score is in the "very good” range.Which statement best describes the lender’s viewpoint of William?

Revolt · Accepted Answer

He is a low-risk borrower who qualifies for lower interest rates.

Question 7

Which statement best describes how lenders determine borrowing conditions for a customer?

Revolt · Accepted Answer

They access the customer’s credit reports.

Question 8

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 9

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

Revolt · Accepted Answer

when a consumer authorizes it

Question 10

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.

Managing Financial Information Answers

More from this Course

TRY EDGENUITY HACKS