which of the following statements is true about an initial fraud - alert and an extended fraud alert? a. an…

which of the following statements is true about an initial fraud - alert and an extended fraud alert? a. an extended fraud alert is appropriate if you suspect you might be a victim, your wallet has been stolen, or youve been taken in by a phishing scam. b. an extended fraud alert can stay on your credit report for at least 90 days and no more than 180 days, unless it is renewed. c. with an extended fraud alert, potential creditors must actually contact you, or meet with you in person, before they issue you credit. d. when you place an initial fraud alert on your credit report, youre entitled to order two free credit reports from the nationwide consumer reporting companies within twelve months.

which of the following statements is true about an initial fraud - alert and an extended fraud alert? a. an extended fraud alert is appropriate if you suspect you might be a victim, your wallet has been stolen, or youve been taken in by a phishing scam. b. an extended fraud alert can stay on your credit report for at least 90 days and no more than 180 days, unless it is renewed. c. with an extended fraud alert, potential creditors must actually contact you, or meet with you in person, before they issue you credit. d. when you place an initial fraud alert on your credit report, youre entitled to order two free credit reports from the nationwide consumer reporting companies within twelve months.

Answer

Brief Explanations:

Initial fraud alerts are for when you suspect fraud - related issues like theft or phishing. An initial fraud alert entitles you to one free credit report within 12 months. An extended fraud alert is for victims of identity theft and can stay on your credit report for 7 years. With an extended fraud alert, potential creditors must contact you or meet in - person before issuing credit.

Answer:

C. With an extended fraud alert, potential creditors must actually contact you, or meet with you in person, before they issue you credit.