Multiple Choice
Which is NOT true about the Fair Credit Reporting Act?
A) It regulates the use of credit reports.
B) It requires deletion of out-of-date information.
C) It gives consumers access to their files and the right to correct any misinformation.
D) It places limits on who can obtain a report.
E) It gives borrowers the right to know why they are denied credit.
Correct Answer:
Verified
Correct Answer:
Verified
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