Consumer reporting agency - Study guides, Class notes & Summaries

In PA, a consumer reporting agency may list all of the following information about a consumer EXCEPT: correct answers Medical Information The device that synchronizes the spark plug firing sequence is: correct answers Camshaft Sensor If an insured fail to report a claim in a timely fashion the adjuster will usually: correct answers Send the insured a reservation of rights letter When using a dedicated bench fixture to measure a unibody with front-end damage, where should fixtures be pla...

HUD Certification Questions and Answers 100% Pass Which document is most important when working with a client to develop an initial budget as part of a Client Action Plan? Pay stub Retirement plan statement List of assets Current lease Pay stub A client would like purchase a home within one year. The client is motivated to increase household income as a way to save for a down payment and qualify for a loan. Which is the best solution for the client to reach this goal? Find a second job Bo...

Champions Real Estate Finance Exam Study Guide (New 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| A Grade QUESTION Truth in Lending Act (TILA) A United States federal law that is designed to protect consumers in any credit transactions by requiring clear disclosure of key terms of lending arrangments all associated cost. QUESTION Trigger Terms Answer: Specific credit terms that may not be advertised unless the advertisement includes other detai...

Which of the following are the authorities that an agent can hold? - Express and implied Which of the following terms refers to such disabilities the loss of a limb, hearing , or eye sight? - Permanent partial disability Who is NOT considered an employee in an commercial general liability (CGL) policy? - Temporary worker The major portion of the premium of an equipment breakdown policy pays? - For inspections and examinations An insured owns a building valued at $400,000. To comply with t...

An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Answer-Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits What is the Federal Credit Reporting Act? - Answer-Establishes procedures that consumer-reporting agencies must follow in order to ensure that records are confidential, accurate, relevant, and ...

PA Appraisal License 16-20 Auto Physical Damage Exam 2023 with complete solution

An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits What is the Federal Credit Reporting Act? - Establishes procedures that consumer-reporting agencies must follow in order to ensure that records are confidential, accurate, relevant, and properly used....

S.A.F.E Mortgage Loan Originator Exam 100% Correct GLBA Gramm-Leah-Bliley Act FTC Federal Trade Commission FCC Federal Communications Commission NPI Non-public Personal Information Consumer Individual who obtains financial services for personal use Customer Continuing relationship with a financial institute EBR Established Business Relationship FACTA Fair Credit Reporting Act (Original FCRA) FHA Fair Housing Act & Federal Housing Administration ECOA Equal Credit ...

Life and Health Insurance Study Guide- ExamFX An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? - Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits What is the Federal Credit Reporting Act? - Establishes procedures that consumer-reporting agencies must follow in order to ensure that records are ...

An insured pays a $100 premium every month for his insurance coverage, yet the insurer promises to pay $10,000 for a covered loss. What characteristic of an insurance contract does this describe? CORRECT ANSWER Aleatory: an aleatory contract means unequal amounts are exchanged between payments and benefits What is the Federal Credit Reporting Act? CORRECT ANSWER Establishes procedures that consumer-reporting agencies must follow in order to ensure that records are confidential, accurate, rele...