HUD Certification Actual Exam || Most Recent
Exam Actual Complete Real Exam Questions
And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success |
Newest Exam | Just Released!! 2026-2027
AnnualCreditReport.com
Where does a client go to get a free credit report?
Fair Credit Reporting Act (FCRA)
You have the right to dispute information in your credit file that is
incomplete, inaccurate, or unverifiable.
Fair and Accurate Credit Transactions Act (FACTA)
You have the right to a free annual credit report.
Fair and Accurate Credit Transactions Act (FACTA)
You have the right to place a fraud alert on your credit file.
Fair Credit Reporting Act (FCRA)
You have the right to know what is in your credit file.
Fair Credit Billing Act (FCBA)
Which federal law protects a consumer's right to dispute a billing error
associated with his/her credit card account.
,Fair Credit Reporting Act (FCRA)
What act limits employers access to persons credit report.
Wire Transfer Fee
Fee charged when a client sends a payment to another account
electronically through electronic funds transfer (EFT)
Overdraft Fee
Fee charged when an account doesn't have money to cover a purchase
and the financial institution loans money to complete the payment.
Stop Payment Fee
Fee charged to invalidate a check before it is cashed.
, NSF Fee
Fee charged if there is not enough money in an account to cover a check
payment of other purchase.
CD; Money Market; High-Interest Account
Examples of accounts that would be ideal for short-term large purchase
savings
Renters Insurance
An insurance policy that provides coverage for damages, within a rental
property, to renters' belongings and liability.
Discount Points
A type of pre-paid interest normally paid at closing and generally
calculated to be equivalent to 1% of the total loan amount
Default
The inability to make timely payments or fulfill legal obligations of loan
terms.
Equity
Value of ownership interest in property.
Exam Actual Complete Real Exam Questions
And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success |
Newest Exam | Just Released!! 2026-2027
AnnualCreditReport.com
Where does a client go to get a free credit report?
Fair Credit Reporting Act (FCRA)
You have the right to dispute information in your credit file that is
incomplete, inaccurate, or unverifiable.
Fair and Accurate Credit Transactions Act (FACTA)
You have the right to a free annual credit report.
Fair and Accurate Credit Transactions Act (FACTA)
You have the right to place a fraud alert on your credit file.
Fair Credit Reporting Act (FCRA)
You have the right to know what is in your credit file.
Fair Credit Billing Act (FCBA)
Which federal law protects a consumer's right to dispute a billing error
associated with his/her credit card account.
,Fair Credit Reporting Act (FCRA)
What act limits employers access to persons credit report.
Wire Transfer Fee
Fee charged when a client sends a payment to another account
electronically through electronic funds transfer (EFT)
Overdraft Fee
Fee charged when an account doesn't have money to cover a purchase
and the financial institution loans money to complete the payment.
Stop Payment Fee
Fee charged to invalidate a check before it is cashed.
, NSF Fee
Fee charged if there is not enough money in an account to cover a check
payment of other purchase.
CD; Money Market; High-Interest Account
Examples of accounts that would be ideal for short-term large purchase
savings
Renters Insurance
An insurance policy that provides coverage for damages, within a rental
property, to renters' belongings and liability.
Discount Points
A type of pre-paid interest normally paid at closing and generally
calculated to be equivalent to 1% of the total loan amount
Default
The inability to make timely payments or fulfill legal obligations of loan
terms.
Equity
Value of ownership interest in property.
