Nur applied for a car loan at her local credit union and was denied because her credit report sald she had recently applied for numerous credit
cards. Nur, however, has only used one credit card for her entire life and has always pald it off every month. The last time she remembered
getting a credit check was when she purchased her house five years ago, and she has always made those mortgage payments on time. What
MOST likely happened in this scenario?
ОА.
OB.
Nur forgot about other credit cards she had been using.
The credit report had been fraudulently edited by the credit union employee.
Someone stole Nur's Identity and applied for credit cards under her name.
Nur has always had bad credit and has never been eligible for a loan.
OC.
OD.

Answers

Answer 1

Answer: Someone stole Nur's Identity and applied for credit cards under her name.

Explanation:

The most likely cause of this scenario is Identity Theft. This is where someone steals the identity of another and uses their details including their Social Security Number to access services (usually financial) or engage in crime using the name of the person whose identity was stolen.

Someone most likely stole Nur's identity and applied for many credit cards with the intention of using them and then passing the bill on to Nur to repay the debt.


Related Questions

Customer relationship management is used for all of the following EXECPT
Can anyone help me with this question? Please and thank you.

A. to target highly valued customers.

B. to identify all customers who shop with the company.

C. to develop strong customer relationships.

D. to create offers tailored to specific customers.

Answers

Answer:

The correct answer is B.

Explanation:

hope it help

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