Ontario Mortgage Agent Practice Exam 2025 – 400 Free Practice Questions to Pass the Exam

Question: 1 / 400

What can an individual do if they dispute an item in their credit report?

Contact the Credit Bureau to remove the item

An individual should not do nothing (Option C) because disputes can have a significant impact on their credit score. It is important to take action to resolve any errors or issues on a credit report. Waiting for the item to be automatically removed (Option D) may take a long time and may not happen at all. The best course of action is to directly contact the Credit Bureau (Option A) and provide evidence to support the dispute. Contacting the lender (Option B) may also be helpful in resolving the dispute, but it is important to also contact the Credit Bureau to ensure the item is removed from the credit report.

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Contact the lender to resolve the dispute

Do nothing, disputes are not considered

Wait for the item to be automatically removed

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