Which is an act of identity theft?

Wrongfully using someone’s personal identification

Which is not something an thief might realistically do with info on a license and credit card?

Take a college admissions exam in the person's name

Which strategy would be the most effective to decrease fraudulent use of credit cards?

Put signature on the back of card & “Please see picture ID”

Which is a general rule when dealing with credit reports to minimize identity theft?

Check each credit report at least once per year.

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Unit 6 Fraud

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Questions 8

Answers

1
Which is an act of identity theft?
Taking the identity of one as inspiration for a costume
Wrongfully using someone’s personal identification
Using a parent's credit card for school
Having the same name as another person
2
Which is not something an thief might realistically do with info on a license and credit card?
Use the name during an arrest
Rent an apartment under the name
Take a college admissions exam in the person's name
Make purchases with the credit card
3
Which strategy would be the most effective to decrease fraudulent use of credit cards?
Put signature on the back of card & “Please see picture ID”
Carrying credit cards in a wallet so they do not get lost
Using credit cards for all purchases
Giving account numbers over the Internet
4
Which is a general rule when dealing with credit reports to minimize identity theft?
Wait 60 days before disputing wrong info in a credit report
Report mistakes to only 1 CRA and they'll inform the others.
Check each credit report at least once per year.
Keep credit reports in an easily accessible location
5
What is a CRA?
Credit Report Agency
Credit Repo Agent
Credit Release Agent
Casual Relax Agent
6
Which personal information is least likely to be used by scammers?
Phone numbers
Driver's license numbers
Bank account numbers
Credit cards
7
What is a safety tip to follow when shopping online?
shred all sales receipts
Black out the bank account numbers on the credit card bill
Use a credit card.
Use a debit card.
8
Which action will not make an individual vulnerable to identity theft?
Responding to an email from one’s depository institution
Using a computer without updated spyware protection
hrowing mail in the garbage
Paying cash for a movie ticket

Unit 6 Fraud Flashcards | StudBud