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Question
- when looking over your credit report, its important to make sure
no lines of credit have been opened under your name without your knowledge
your credit score is over 700
at least five businesses have requested your credit report
the information listed is over 10 years old
- credit card companies charge stores a 2 - 3% fee for every purchase made with credit cards. this is called a(n)
merchant fee
cash advance fee
annual fee
over - the - limit fee
- car lease agreements come with a stipulation that you must pay a penalty if you
go over the pre - established mileage cap
drive the car out of state
dont park under a garage
Brief Explanations
- Checking for unauthorized credit - line openings is crucial for credit - report accuracy and fraud prevention. A credit score over 700 is a good goal but not mandatory to check on a report. Many businesses requesting a report isn't a sign of a healthy report, and old information isn't a positive thing to seek.
- The fee that credit - card companies charge stores for credit - card purchases is called a merchant fee. Cash - advance, annual, and over - the - limit fees are different types of fees charged to cardholders.
- Car lease agreements typically have a mileage cap, and going over it incurs a penalty. Driving out of state or not parking under a garage usually isn't related to penalty triggers in a lease.
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- No lines of credit have been opened under your name without your knowledge
- Merchant fee
- Go over the pre - established mileage cap