Which of the following best describes credit fraud?

The best description of credit fraud is the use of someone else's credit information without their knowledge. This encompasses a serious criminal activity where an individual unlawfully utilizes another person's personal and financial details—such as Social Security numbers, credit card information, or banking details—to obtain credit or loans. This action can lead to severe financial consequences for the victim, whose credit history and financial standing are compromised without their consent.

In contrast, investing in property without financial knowledge does not inherently involve deceit or unauthorized use of someone's financial information, making it unrelated to credit fraud. A legal assessment of individual credit scores refers to the process of evaluating creditworthiness but does not imply any fraudulent activity. Maintaining good credit practices suggests responsible behavior toward credit use, which fundamentally opposes the concept of fraud, making it an inappropriate description of credit fraud.