Asked by Spiro Billos on Apr 28, 2024
Verified
Which of the following is the only authorized site for government-required free credit reports from the three major reporting agencies?
A) AnnualCreditReport.com
B) FreeReport.com
C) AnnualCredit.edu
D) GovCredit.gov
E) KnowRights.org
AnnualCreditReport.com
The official website that allows consumers to access their credit reports for free annually from the three major credit bureaus.
Reporting Agencies
Organizations that collect, compile, and distribute information about individuals or companies, especially for credit reporting, background checks, or statistical purposes.
Credit Reports
Documents that contain detailed information about an individual's credit history, including loans, credit cards, and payment history.
- Investigate the legal precepts governing credit transactions and their reporting under the provisions of the Fair Credit Reporting Act and the Equal Credit Opportunity Act.
Verified Answer
KN
KEERTHIGA N M 19MBR052
May 01, 2024
Final Answer :
A
Explanation :
AnnualCreditReport.com is the only officially authorized website where consumers can obtain their free credit reports from the three major credit bureaus (Equifax, Experian, and TransUnion) as mandated by federal law.
Learning Objectives
- Investigate the legal precepts governing credit transactions and their reporting under the provisions of the Fair Credit Reporting Act and the Equal Credit Opportunity Act.