Fcra basic - Study guides, Class notes & Summaries

Fincert Texan Smart Exam Questions With 100% Correct Answers. ________ is a contractual agreement whereby a borrower receives something of monetary value now and agrees to repay the lender at a later date. - answercredit Credit addresses what? - answerThe concepts of obtaining and utilizing credit wisely True or False: Good credit can take years to establish yet only months to destroy. - answertrue What is the FCRA? - answerThe Fair Credit Reporting Act why is the FCRA important? - answe...

It is important to make them feel __________ and __________ - Correct answercomfortable and welcomed __________ prompt someone to explore and analyze their emotions and feelings - Correct answer-Open-ended question __________ collect factual information - Correct answer-Closed-ended question Give __________ for responses time - Correct answer-time Questions should be asked in a ___________________________ way - Correct answer-non-judgmental It is important to ________________ your mentor...

Property and Casualty Insurance Test Question Notes with 100% Correct Answers What is a peril? - Correct Answer ️️ -A Peril is a cause of loss What is a hazard? - Correct Answer ️️ -Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? - Correct Answer ️️ -Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the method of handling risk that involves a deductible? - Correct Answer ️️ - Re...

Property and Casualty Insurance Exam Questions With Answers Latest 2024 (GRADED) What is a peril? A Peril is a cause of loss What is a hazard? Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the method of handling risk that involves a deductible? Retention (loss or portion of loss) If a fire causes damage to a building, what is the fire conside...

(Fair and Accurate Credit Transactions Act of 2003) FACTA Purpose is to... - ... address the problem of identity theft. To facilitate consumer's access to information retained by the CRAs, and to improve the accuracy of consumer reports. (FCRA) The National Consumer Assistance Plan (NCAP) aims to... - ...improve consumer experience, data accuracy, and quality. (HMDA) In addition to originations, reportable HMDA data includes... - - Loan Applications - Loan Denials - Loan Approvals - Loa...

Property and Casualty Insurance Test Question Notes with 100% Correct Answers What is a peril? - Correct Answer ️️ -A Peril is a cause of loss What is a hazard? - Correct Answer ️️ -Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? - Correct Answer ️️ -Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the method of handling risk that involves a deductible? - Correct Answer ️️ - Re...

Property and Casualty Insurance Test Question Notes with 100% Correct Answers What is a peril? - Correct Answer ️️ -A Peril is a cause of loss What is a hazard? - Correct Answer ️️ -Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? - Correct Answer ️️ -Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the method of handling risk that involves a deductible? - Correct Answer ️️ - Re...

Property and Casualty Insurance Test Question Notes Graded A+ What is a peril? A Peril is a cause of loss What is a hazard? Something that increases the chance of a loss What is the difference between a Moral hazard and a Morale Hazard? Moral Hazard - dishonesty, against the law Morale Hazard - carelessness What is the method of handling risk that involves a deductible? Retention (loss or portion of loss) If a fire causes damage to a building, what is the fire considered? A Peril ...

CIPP US REVIEW EXAM QUESTIONS AND ANSWERS Texas Privacy Laws (Texas HIPAA) - Answer-Under the Texas law, covered entities (health care providers, health insurers, and health clearinghouses) must provide customized employee training regarding the maintenance and protection of electronic protected health information (PHI). Covered entities are required to tailor the employee training to reflect the nature of the covered entity's operations and each employee's scope of employment as they relat...

Champions School Of Real Estate Finance Exam 2024 Tested And Verified A home equity loan available to homeowners over 62 years of age - the lender makes payments to the borrower based on the equity in the property - the loan comes due upon the sale of the property or the death of the owner. - Reverse Annuity Mortgage A loan with an interest rate tied to a readily available index - the rate will be adjusted periodically causing payment changes. - Adjustable Rate Mortgage (ARM) The refu...