A lender has been fined,its licence has been suspended,and it is subject to an order by the regulator prohibiting further violations.The complainant,in these circumstances,may seek which of the following as additional remedies?

Question

Quizplus · Accepted Answer

The complainant may seek an adjustment of loan terms by a court and a claim for damages as this would provide monetary compensation for any harm caused by the lender's violations. The other options (protection of personal information, time to shop for better terms, prohibition against misleading statements in credit reports) do not directly address the harm caused by the lender's violations.

A Lender Has Been Fined,its Licence Has Been Suspended,and It