Fcra basic certification - Study guides, Class notes & Summaries

FCRA Basic Certification Exam 2024 Qs & As.

Consumer Report - ACCURATE ANSWERS Any written, oral, or other communication of any info by a CRA bearing on a consumer's credit worthiness, standing, capacity, character, general reputation, personal characteristics, or mode of living used or expected to be used or collected for establishing consumer's eligibility: 3 Key Elements of a Consumer Report - ACCURATE ANSWERS 1. By a CRA 2. Bearing on a consumer's worthiness 3. Used to establish eligibility Consumer Reporting Agency -...

FCRA Basic Certification - Advanced (Version 1) True/False: Resellers maintain their own database of information, which they combine with information from other CRA's - Answer- False Which of the following is a reasonable procedure that a CRA could take to ensure that an end user has a permissible purpose to obtain consumer reports? A. On site inspection of the end user's place of business B. Checking the end user's references C. the end user's business license and corpora...

FCRA Basic Certification Exam Guide 2024 with complete solution

FCRA Basic Certification Consumer Report - Answer- Any written, oral, or other communication of any info by a CRA bearing on a consumer's credit worthiness, standing, capacity, character, general reputation, personal characteristics, or mode of living used or expected to be used or collected for establishing consumer's eligibility: 3 Key Elements of a Consumer Report - Answer- 1. By a CRA 2. Bearing on a consumer's worthiness 3. Used to establish eligibility Consumer Reportin...

FCRA Basic Certification Exam Guide 2024 with complete solution

Abstract - answer-Limit the amount of detail in which personal information is processed. Access Control Entry (ACE) - answer-An element in an Access Control List (ACL). Each ACE controls, monitors or records access to an object by a specified user. Access Control List (ACL) - answer-A list of Access Control Entries (ACEs) that apply to an object. Each ACE controls or monitors access to an object by a specified user. In a Discretionary Access Control List (DACL), the ACL controls access; in...

NY LIFE, ACCIDENT, AND HEALTH INSURANCE AGENT (BROKER) EXAM SERIES 17-55 Process 2103 (d-i) - answer1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must ...

NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 200 Questions; accurate solutions provided NY Life, Accident, and Health Insurance Agent/Broker Exam Series 17-55 Process 2103 (d-i) 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub...