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Personal Finance Courses: Consumer Protection against Fraud

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1.
Your credit record can affect your ability to get a job.
Choose wisely. There is only one correct answer.
True. Some employers check your credit record as part of their background check on you.
2.
What is an identity theft affidavit?
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It is a form provided by the Federal Trade Commission that creditors may accept when you claim you are not responsible for new transactions. The information you provide will help creditors investigate your claim.
3.
You should be wary of emails that claim to come from the IRS because _______.
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The IRS does not send emails to people. Any email claiming to be from the IRS is not legitimate and should be reported.
4.
The Better Business Bureau can help you research an investment opportunity that someone is trying to sell you.
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True. The Better Business Bureau is a resource that can help you find out whether a business opportunity is legitimate.
5.
Under the Fair Credit Reporting Act, you can be exempted from direct mail solicitations that are based on lists obtained from credit bureaus.
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True. You have the right to not be included in them.
6.
If someone is looking over your shoulder at an ATM, what might he or she be hoping to see?
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Either your PIN number or your credit card number. A thief might be looking for either of those, or maybe both.
7.
Why might scammers go to great lengths to detail the intricate aspects of the scams they present?
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Detail makes it look legitimate. It can look more like a legitimate opportunity when there are details involved.