1. Question 1
1/1
Landlords often use credit bureau reports to check on the payment habits of
potential future tenants.
T
TrueCorrect answer
F
False
2. Question 2
0/1
Lending Institutions sometimes use the Credit Bureau Report to verify a
customer’s place of employment.
T
TrueCorrect answer
F
Incorrect: False
3. Question 3
1/1
If a customer has a large number of recent enquiries on their credit bureau
report it is an indication that they are a good credit risk and the lending
institution should feel comfortable giving the customer a loan.
T
True
F
This study source was downloaded by 100000900703063 from CourseHero.com on 02-18-2026 14:00:22 GMT -06:00
https://www.coursehero.com/file/246817214/Pop-Quiz-Chapter-2-Credit-History-of-the-Borrowerdocx/
, FalseCorrect answer
4. Question 4
0/1
A lending institution is permitted to view the credit report of any potential
customer at any time.
T
Incorrect: True
F
FalseCorrect answer
5. Question 5
1/1
An “Undeclared Debt” is a credit product which shows up on a customer’s credit
bureau report but was not mentioned by the customer to the lending institution
when the application for credit was made.
T
TrueCorrect answer
F
False
6. Question 6
1/1
A judgment is considered to be a minor credit infraction and would not cause a
lending institution much concern when deciding on the approval of a customer’s
credit facility.
T
True
F
This study source was downloaded by 100000900703063 from CourseHero.com on 02-18-2026 14:00:22 GMT -06:00
https://www.coursehero.com/file/246817214/Pop-Quiz-Chapter-2-Credit-History-of-the-Borrowerdocx/
1/1
Landlords often use credit bureau reports to check on the payment habits of
potential future tenants.
T
TrueCorrect answer
F
False
2. Question 2
0/1
Lending Institutions sometimes use the Credit Bureau Report to verify a
customer’s place of employment.
T
TrueCorrect answer
F
Incorrect: False
3. Question 3
1/1
If a customer has a large number of recent enquiries on their credit bureau
report it is an indication that they are a good credit risk and the lending
institution should feel comfortable giving the customer a loan.
T
True
F
This study source was downloaded by 100000900703063 from CourseHero.com on 02-18-2026 14:00:22 GMT -06:00
https://www.coursehero.com/file/246817214/Pop-Quiz-Chapter-2-Credit-History-of-the-Borrowerdocx/
, FalseCorrect answer
4. Question 4
0/1
A lending institution is permitted to view the credit report of any potential
customer at any time.
T
Incorrect: True
F
FalseCorrect answer
5. Question 5
1/1
An “Undeclared Debt” is a credit product which shows up on a customer’s credit
bureau report but was not mentioned by the customer to the lending institution
when the application for credit was made.
T
TrueCorrect answer
F
False
6. Question 6
1/1
A judgment is considered to be a minor credit infraction and would not cause a
lending institution much concern when deciding on the approval of a customer’s
credit facility.
T
True
F
This study source was downloaded by 100000900703063 from CourseHero.com on 02-18-2026 14:00:22 GMT -06:00
https://www.coursehero.com/file/246817214/Pop-Quiz-Chapter-2-Credit-History-of-the-Borrowerdocx/
