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9 votes
9 votes
Cody's credit report lists two different addresses in Lakeville, CT. What might be an explanation for that?

A. Cody's family owns more than one property.

B. His family moved while he was growing up.

C. Someone else with the same name lives at the second address.

D. One is his home address and one his work address.

User Alex Ruheni
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2.8k points

2 Answers

12 votes
12 votes

Answer: B. His family moved while he was growing up.

Explanation: Its correct on the test btw the person above is also correct on all answers !

User Matthewbaskey
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2.6k points
22 votes
22 votes

Answer:

Its B

Step-by-step explanation:

His family moved while he was growing up.

And for the Rest

1. What do Equifax, Experian, and TransUnion do?

C) compile credit reports on individuals

2. Cole just moved to a new neighborhood. He called the electric company to switch the utilities for his new home from the landlord to himself. Why would the electric company request a copy of Cole’s credit report?

C) They needed to decide whether to require Cole to provide a deposit.

3. Cody’s credit report lists two different addresses in Lakeville, CT. What might be an explanation for that?

B) His family moved while he was growing up.

4. Where does your credit score come from?

D) It is based on information in the credit reports compiled by Equifax, Experian, and TransUnion.

5. If your credit report shows late payments because you were deployed to a combat zone, what might you do to clean up your credit report?

B) Send a note to the credit bureau that you were in combat rotation for three months with limited ability to pay your bills but have caught all the bills and late fees up.

User Sadikhasan
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2.9k points