Financial Counseling Certification Program FICEP MODULE 5 PRACTICE TEST QUESTIONS AND ANSWERS
FICEP MODULE 5 PRACTICE TEST QUESTIONS AND ANSWERS What immediate steps should be taken upon discovering identity theft? (2) - answer (1) Close all existing accounts and open new accounts (2) Complete identity theft affidavit/report What is a fraud alert? - answer An alert put on the credit report indicating the borrower may have had their identity stolen or credit card or bank accounts compromised What is a credit freeze? - answer A consumer request that requires the credit bureaus to deny all access to a consumer's credit information or files; request must be submitted to each individual CRA and there may be a cost associated with unfreezing.
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- Financial Counseling Certification Program
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- April 7, 2024
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- ficep module 5
- finance
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financial counseling certification program ficep