International Baccalaureate (IB) Practice Exam

Should you obtain a free copy of your credit report annually to check for suspicious activity?

1. True

2. False

The correct answer is: True

Obtaining a free copy of your credit report annually is important for monitoring your credit history and detecting any suspicious or fraudulent activity. Credit reports contain detailed information about your credit accounts, payment history, and inquiries, which can help you identify any discrepancies or unauthorized accounts that may indicate identity theft. By reviewing your credit report regularly, you can catch issues early, allowing you to take appropriate action to protect your credit and financial health. The fact that you can access this information for free once a year makes it an accessible and essential practice for maintaining good credit awareness and security.