Answered

Fraud alerts are generally only allowed for individuals who have had their personal information stolen.
a)true
b)false

Answer :

JDOESSIHAOHN

Answer:

B)False

Explanation:

Because it's false.

False that fraud alerts exist generally only permitted for people who have had their private information stolen.

What is a fraud alert?

  • A fraud alert exists a free notification you can count on your credit report, requiring anyone receiving a credit application in your name to confirm your identity before processing the application.
  • The purpose of a fraud alert exists to add a layer of protection to the loan application procedure, to prevent criminals from spreading bogus credit accounts or accepting out loans in your name.
  • A fraud alert encourages lenders and creditors to bring extra steps to ascertain your individuality before issuing credit.

Hence, the provided statement is false.

To learn more about fraud alerts, refer to:

https://brainly.com/question/2764952

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