Which of the following statements about companies that provide proactive protection of your information assets is not correct?
A)These companies allow their customers to lock their credit files.
B)These companies ensure that new lines of credit cannot be opened unless their clients unlock their credit files.
C)These companies operate independently of the three major credit reporting agencies.
D)Signing up with these companies means that merchants and banks must have verbal or written permission from their customers before opening new credit in their names.
E)These companies will proactively monitor their clients' credit files at the three credit reporting agencies.

Question

Quizplus · Accepted Answer

Companies that provide proactive protection of your information assets typically work in partnership with the three major credit reporting agencies (Equifax, TransUnion, and Experian) to monitor their clients' credit files. They do not operate independently of these agencies. Therefore, statement C is not correct.

Which of the Following Statements About Companies That Provide Proactive