The ________ Act of 2010 is a federal statute that requires increased disclosure of credit information and terms to consumers and regulates consumer credit providers and others.
A) Fair Credit Billing
B) Consumer Leasing
C) Mortgage Reform and Anti-Predatory Lending
D) Consumer Financial Protection

Question

Quizplus · Accepted Answer

The Consumer Financial Protection Act of 2010 is a federal statute that established the Consumer Financial Protection Bureau (CFPB) and regulates consumer credit providers and others, by requiring increased disclosure of credit information and terms to consumers. The Act also includes provisions to prevent unfair, deceptive, or abusive practices in the consumer financial industry.

The ________ Act of 2010 Is a Federal Statute That