Upgrade to unlock this Quiz

Unlock unlimited quizzes and responses immediately

Upgrade & Unlock

The Ascent Network - Credit Advisor Test - Module 4

What percentage of credit reports produced by Trans Union and Experian contain errors as reported by the Public Information Research Group?
40%
50%
60%
70%
Do ALL inquiries by creditors produce a negative impact on a persons credit profile?
Yes
No
Do ALL negative or derogatory items have the same effect on a consumers credit score?
Yes
No
How long can a Bankruptcy or Judgement stay on a persons credit report?
2 years
10 years
7 years
5 years
A single late payment can stay on a person's credit report for how many years?
3 years
1 year
7 years
10 years
How many federal acts or pieces of legislation are in place to govern the credit and credit repair industry?
4
5
7
9
An inquiry can stay on a persons credit report for how many years?
1 year
2 years
3 years
5 years
Verification and Validation of each item on a credit profile may be requested by a consumer?
True
False
Verification and Validation MUST be provided to the consumer by Credit Bureau on any single item the credit bureau is reporting in a credit report?
True
False
The representative is also directly involved in the verification and validation process that takes place for the Ascent clients he/she enrolls?
True
False
Ascents' primary role in the credit repair process is to serve as an advocate for its clients?
True
False
{"name":"The Ascent Network - Credit Advisor Test - Module 4", "url":"https://www.quiz-maker.com/Q452NJ0L4","txt":"What percentage of credit reports produced by Trans Union and Experian contain errors as reported by the Public Information Research Group?, Do ALL inquiries by creditors produce a negative impact on a persons credit profile?, Do ALL negative or derogatory items have the same effect on a consumers credit score?","img":"https://www.quiz-maker.com/3012/images/ogquiz.png"}
Powered by: Quiz Maker