____________________________ sets up a procedure for the prompt correction of errors on a revolving charge account and prevents damage to credit ratings while a dispute is being settled.
A) Truth in Lending Act
B) Equal Credit Opportunity Act
C) Federal Trade Commission Improvement Act
D) Fair Credit Billing Act

Question

Quizplus · Accepted Answer

The Fair Credit Billing Act sets up a procedure for the prompt correction of errors on a revolving charge account and prevents damage to credit ratings while a dispute is being settled.

____________________________ Sets Up a Procedure for the Prompt Correction of Errors