Which of the following attempts to protect the information that credit bureaus may collect?
A)Fair Debt Collection Act
B)Fair Credit Reporting Act
C) Truth in Lending Act
D) Equal Credit Opportunity Act

Question

Quizplus · Accepted Answer

The Fair Credit Reporting Act (FCRA) specifically aims to protect the accuracy, privacy, and fairness of information collected by credit bureaus. It requires credit reporting agencies to use reasonable procedures to ensure accuracy, provide individuals with access to their credit report, and regulate how credit information is used and shared.

Which of the Following Attempts to Protect the Information That