The _____ requires that a credit applicant be notified of the credit decision within 30 calendar days following application.

Question

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The Equal Credit Opportunity Act requires that a credit applicant be notified of the credit decision within 30 calendar days following application. The Consumer Credit Protection Act, Fair Credit Reporting Act, and Accurate Credit Transactions Act all include provisions related to credit, but do not specifically require notification within 30 days.

The _____ Requires That a Credit Applicant Be Notified of the Credit