The Equal Credit Opportunity Act authorizes individuals and families to review their credit file for accuracy and to demand an investigation and correction of any apparent inaccuracies.

Question

Quizplus · Accepted Answer

The Fair Credit Reporting Act (FCRA) is the law that allows individuals to review their credit file for accuracy and to demand an investigation and correction of inaccuracies, not the Equal Credit Opportunity Act (ECOA), which prohibits credit discrimination on the basis of race, color, religion, national origin, sex, marital status, age, or because someone gets public assistance.

The Equal Credit Opportunity Act Authorizes Individuals and Families to Review