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Which of the Following Regarding Credit Application Analysis Is Incorrect

Question 48

Multiple Choice

Which of the following regarding credit application analysis is incorrect?


A) Bankruptcy remains a mark against you for a period of ten years after it occurs.
B) Credit card issuers normally assign a minimal acceptable credit cutoff score.
C) Lenders may not discriminate on the basis of age.
D) You are entitled to one free copy of your credit report each year from the three major credit bureaus.
E) None of the above statements is incorrect;all of the above are true statements.

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