Quiz on Scams and Identity Theft

What is a scam?

• An attempt to trick someone, usually with the intention of stealing money or private information

• A type of crime in which our private information is stolen and used for criminal activity

• A legal way to earn money quickly

• A method to protect personal information

What is identity theft?

• An attempt to trick someone, usually with the intention of stealing money or private information

• A type of crime in which our private information is stolen and used for criminal activity

• A method to protect personal information

• A legal way to earn money quickly

What is an example of existing account fraud?

• Using a person's credit card to make purchases

• Opening a new account with someone's SS Number

• Applying for a loan using someone else's information

• Creating a fake identity to obtain a passport

What does new account fraud involve?

• Using existing accounts to purchase things

• Using a person's credit card to make purchases

• Using someone's SS Number and other identifying information to open a new account

• Stealing someone's physical mail

Which of the following is a problem caused by identity theft?

• Improved credit score

• Easier loan approval

• Ruins financial future

• Immediate resolution

What happens to your credit score if you are a victim of identity theft?

• It improves

• It remains the same

• It will be damaged until resolution

• It becomes perfect

How does identity theft affect the process of getting a loan?

• It makes it easier

• It has no effect

• It could be difficult with a poor score

• It guarantees approval

What is one of the consequences if identity theft is not resolved?

• You will receive a reward

• You can be responsible for payment

• Your credit score will improve

• The situation will resolve itself

What is one of the challenges in dealing with identity theft?

• It takes time to get the situation resolved

• It is resolved immediately

• It improves your financial future

• It makes getting a loan easier

Which of the following is a warning sign of identity theft?

• Receiving a promotion at work

• Getting calls from collection agencies for non-payment

• Winning a lottery

• Receiving a package you ordered