20
QuizMultiple Choice

Understanding Credit

Question 20 • Personal Finance - EL3403

Quincy wanted his credit report. Which list could Quincy have obtained?

Answer
A
previous address, current address, bankruptcy, car loan payment history
B
current address, monthly income, car loan payment history, date of birth
C
previous address, current address, schools attended, bankruptcy
D
current address, monthly income, car loan payment history, schools attended

Explanation

A credit report can include identifying information such as current and previous addresses, public records such as a bankruptcy, and account details such as car-loan payment history. It generally does not list monthly income or schools attended, so the list with those items is not the best choice. The correct choice is “previous address, current address, bankruptcy, car loan payment history.”

AI-written and checked against the verified answer.

Previous
Next