Fraud can have a long lasting effect on your credit score. _________________________

Question

Quizplus · Accepted Answer

Fraudulent activity such as identity theft or credit card fraud can result in unauthorized charges or accounts being opened in your name, which can lead to missed payments or delinquencies on your credit report. This negative information can stay on your credit report for several years, damaging your credit score and making it harder to obtain credit in the future.

Fraud Can Have a Long Lasting Effect on Your Credit