True/False
Signing up for a "free" credit monitoring service where you are automatically renewed on a fee basis unless you cancel at the end of the free period is an example of a negative option plan.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q100: Credit cards allow repeated use of credit
Q101: Which of the following is a bankruptcy
Q102: The _ the APR,the _ the true
Q103: Negative credit information (excluding bankruptcy) can generally
Q104: The best measure of the true cost
Q106: When comparing loans from two or more
Q107: If the credit bureau cannot reinvestigate an
Q108: Taking on excessive debts early in life
Q109: Lenders pay a fee for each credit
Q110: Divorce could affect the creditworthiness of both