ECONOMICS (CBSE/UGC NET)

ECONOMICS

CREDIT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You can access your credit report ____
A
for free whenever you want.
B
only once a year.
C
only if your credit score is low.
D
for free once a year.
Explanation: 

Detailed explanation-1: -You have the right to request one free copy of your credit report each year from each of the three major consumer reporting companies (Equifax, Experian and TransUnion) by visiting AnnualCreditReport.com . You may also be able to view free reports more frequently online.

Detailed explanation-2: -credit monitoring Under the law, you are entitled to a free credit report every 12 months from each of the nationwide credit reporting companies. You can get these reports all at once, or spread them out.

Detailed explanation-3: -By law, everyone is entitled to one free credit report every twelve months from each of the three credit reporting agencies.

Detailed explanation-4: -You are entitled to one free credit report from the three major credit bureaus every 12 months. Other consumer reporting agencies monitor your credit too, though some may charge fees.

Detailed explanation-5: -Visit the official website of CIBIL. Click on the icon, GET YOURS NOW. Fill in your personal information like Name, DOB, contact number, ID number, etc. Now, create your account with your own username and password. More items

There is 1 question to complete.