a)
Credit report:
Credit report is a summary of the credit history about lenders and creditors. It has been categorized into four sections they are:
- Personal information of user
- Credit account information like credit card, loans, and mortgages.
- Public record information
- Inquiries
Personal information of user:
This section used to store the user name, contact number, social security number, and employment details.
Credit account information like credit card, loans, and mortgages:
This section contains the information about loans, credit accounts and limits and payment history.
Public record information:
This section used to store the information about the tax, bankruptcies, or court judgment against the user account.
Inquiries:
This section has the business information for overall credit report.
a)
Explanation of Solution
In my credit report, there is no error in both personal information and credit data. The following guidance used to check the credit report for last year.
Guidance to review the credit records:
The user should check the credit report at least once in a year to make sure “no errors” in report and get the information about credit history.
Evaluate the personal identifiable information and debt:
This process used to evaluate all payment history like monthly payments, interest payments, etc. If the personal information wrongly updated on the report, then the user can complain for that.
Check for inaccurate data:
An inaccurate data like mistaken name, mistyped address, or incorrect amount can confuse the user. So, checking for inaccurate data is essential to users.
b)
Credit report:
Credit report is a summary of the credit history about lenders and creditors. It has been categorized into four sections they are:
- Personal information of user
- Credit account information like credit card, loans, and mortgages.
- Public record information
- Inquiries
Personal information of user:
This section used to store the user name, contact number, social security number, and employment details.
Credit account information like credit card, loans, and mortgages:
This section contains the information about loans, credit accounts and limits and payment history.
Public record information:
This section used to store the information about the tax, bankruptcies, or court judgment against the user account.
Inquiries:
This section has the business information for overall credit report.
b)
Explanation of Solution
Actions that are taken by user if they find error in the credit report:
If the user got the error in the credit report, he should take the following actions. They are:
- Inform to the credit bureaus and data furnisher about the error.
- Markup and highlight the mistakes in the credit report
- Request a fresh report from credit bureaus
- Write a dispute letter per error
c)
Credit report:
Credit report is a summary of the credit history about lenders and creditors. It has been categorized into four sections they are:
- Personal information of user
- Credit account information like credit card, loans, and mortgages.
- Public record information
- Inquiries
Personal information of user:
This section used to store the user name, contact number, social security number, and employment details.
Credit account information like credit card, loans, and mortgages:
This section contains the information about loans, credit accounts and limits and payment history.
Public record information:
This section used to store the information about the tax, bankruptcies, or court judgment against the user account.
Inquiries:
This section has the business information for overall credit report.
c)
Explanation of Solution
Identity theft:
- Identity theft is a crime when a hacker access enough information about other person’s identity for financial gain.
- The information can be a signature, name, phone number, or credit card data. Using these personal information, a thief can apply for loan and run up without user knowledge.
Victims of identity theft:
If someone thinks he or she has been the victim of identity theft, he/she should follow some actions to recover his good name and data:
Give the alert on credit file:
After the identity theft, call the credit report agencies and place the fraud alert for the corresponded file.
Request for the credit report and create the identity-theft report:
Request the credit report from credit agencies to calculate theft report. Create the identity-theft report to complain the certain authority.
Contact the authority:
Inform the local law enforcement to take appropriate action for the theft.
Keep the records and originals:
Keep the good notes of all the dealings with creditors and law enforcement. Send the valuable documents as photocopies in certified mail.
Want to see more full solutions like this?
Chapter 10 Solutions
Using MIS (9th Edition)
- For the following network, propose routing tables in each of the routers R1 to R5arrow_forwardFor the following network, propose routing tables in each of the routers R1 to R5arrow_forwardUsing R language. Here is the information link. http://www.cnachtsheim-text.csom.umn.edu/Kutner/Chapter%20%206%20Data%20Sets/CH06PR18.txtarrow_forward
- Using R languagearrow_forwardHow can I type the Java OOP code by using JOptionPane with this following code below: public static void sellCruiseTicket(Cruise[] allCruises) { //Type the code here }arrow_forwardDraw a system/level-0 diagram for this scenario: You are developing a new customer relationship management system for the BEC store, which rents out movies to customers. Customers will provide comments on new products, and request rental extensions and new products, each of which will be stored into the system and used by the manager for purchasing movies, extra copies, etc. Each month, one employee of BEC will select their favorite movie pick of that week, which will be stored in the system. The actual inventory information will be stored in the Entertainment Tracker system, and would be retrieved by this new system as and when necessary. Example of what a level-0 diagram looks like is attached.arrow_forward
- What is the value of performing exploratory data analysis in designing data visualizations? What are some examples?arrow_forwardDraw a level-0 diagram for this scenario: You are developing a new customer relationship management system for the BEC store, which rents out movies to customers. Customers will provide comments on new products, and request rental extensions and new products, each of which will be stored into the system and used by the manager for purchasing movies, extra copies, etc. Each month, one employee of BEC will select their favorite movie pick of that week, which will be stored in the system. The actual inventory information will be stored in the Entertainment Tracker system, and would be retrieved by this new system as and when necessary.arrow_forwardDraw a context diagram for this scenario: You are developing a new customer relationship Management system for the BEC store, which rents out movies to customers. Customers will provide comments on new products, and request rental extensions and new products, each of which will be stored into the system and used by the manager for purchasing movies, extra copies, etc. Each month, one employee of BEC will select their favorite movie pick of that week, which will be stored in. the system. The actual inventory information will be stored in the Entertainment Tracker system, and would be retrieved by this new system as and when necessary.arrow_forward
- Write a complete Java program named FindSumAndAverage that performs the following tasks in 2-D array: Main Method: a. The main() method asks the user to provide the dimension n for a square matrix. A square matrix has an equal number of rows and columns. b. The main() method receives the value of n and calls the matrixSetUp() method that creates a square matrix of size n and populates it randomly with integers between 1 and 9. c. The main method then calls another method named printMatrix() to display the matrix in a matrix format. d. The main method also calls a method named findSumAndAverage() which: • Receives the generated matrix as input. • Calculates the sum of all elements in the matrix. • Calculates the average value of the elements in the matrix. • Stores these values (sum and average) in a single-dimensional array and returns this array • e. The main method prints the sum and average based on the result returned from findSumAndAverage()). Enter the dimension n for the square…arrow_forwardThe partial sums remain the same no matter what indexing we done to s artial sum of each series onverges, * + s of each series to the series or show 12. (1)+(0)+(0)+(+1)+ 17, " (F) + (F) + (F)(F)(- 18. 19. 1 #20. (三)+(三)-(三)+(3) 20 (9)-(0)-(0)-- 10 +1 2.1+(男)+(男)+(罰)+(鄂 9 T29 x222-끝+1-23 + -.... Repeating Decimals 64 Express each of the numbers in Exercises 23-30 as the m integers. 23. 0.23 = 0.23 23 23... 24. 0.234 = 0.234 234 234. 25. 0.7 = 0.7777... 26. 0.d = 0.dddd... where d is a digit natio of own s converges or * 27. 0.06 = 0.06666.. 28. 1.4141.414 414 414... 29. 1.24123 = 1.24 123 123 123... 30. 3.142857 = 3.142857 142857. Using the ath-Term Test In Exercises 31-38, use the ath-Term Test for divergence to show that the series is divergent, or state that the test is inconclusive 8arrow_forwardCPS 2231 Computer Programming Homework #3 Due Date: Posted on Canvas 1. Provide answers to the following Check Point Questions from our textbook (5 points): a. How do you define a class? How do you define a class in Eclipse? b. How do you declare an object's reference variable (Hint: object's reference variable is the name of that object)? c. How do you create an object? d. What are the differences between constructors and regular methods? e. Explain why we need classes and objects in Java programming. 2. Write the Account class. The UML diagram of the class is represented below (10 points): Account id: int = 0 - balance: double = 0 - annualInterestRate: double = 0.02 - dateCreated: java.util.Date + Account() + Account(id: int, balance: double) + getId(): int + setId(newId: int): void + getBalance(): double + setBalance(newBalance: double): void + getAnnualInterestRate(): double + setAnnualInterest Rate (newRate: double): void + toString(): String + getDataCreated(): java.util.Date +…arrow_forward
Database System ConceptsComputer ScienceISBN:9780078022159Author:Abraham Silberschatz Professor, Henry F. Korth, S. SudarshanPublisher:McGraw-Hill Education
Starting Out with Python (4th Edition)Computer ScienceISBN:9780134444321Author:Tony GaddisPublisher:PEARSON
Digital Fundamentals (11th Edition)Computer ScienceISBN:9780132737968Author:Thomas L. FloydPublisher:PEARSON
C How to Program (8th Edition)Computer ScienceISBN:9780133976892Author:Paul J. Deitel, Harvey DeitelPublisher:PEARSON
Database Systems: Design, Implementation, & Manag...Computer ScienceISBN:9781337627900Author:Carlos Coronel, Steven MorrisPublisher:Cengage Learning
Programmable Logic ControllersComputer ScienceISBN:9780073373843Author:Frank D. PetruzellaPublisher:McGraw-Hill Education