Ontario Mortgage Agent Practice Exam

If an individual has a judgment filed against them, in what section of a credit bureau would this information be found?

1. Public Records section

2. Types of Credit section

3. Payment History section

4. Amounts Owed section

The correct answer is: Public Records section

The judgment filed against an individual would be found in the Public Records section of a credit bureau. This section includes information such as bankruptcies, tax liens, and civil judgments. The other options may be factors that contribute to a credit score, but they do not specifically address the presence of a judgment. Payment history focuses on the timeliness of payments, types of credit looks at the variety of accounts an individual has, and amounts owed reflects the overall balance of debt. None of these sections would explicitly list the existence of a judgment.