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Question
- once you turn 18, you should regularly check your credit report... for errors or signs of identity fraud to keep an eye on your credit score to make a plan for improving your credit score only if you have a credit card 20. predatory lenders get their negative reputation from... discreetly selling personal bank information limiting the amount of time a borrower has to use a loan taking advantage of people during the great depression charging high fees for loans and targeting desperate people
Brief Explanations
- Regularly checking credit reports helps in identifying errors like incorrect account information or signs of identity fraud such as accounts opened without authorization.
- Predatory lenders are known for charging exorbitant fees and targeting vulnerable, desperate borrowers who may have few other borrowing options.
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- For errors or signs of identity fraud
- Charging high fees for loans and targeting desperate people