COGNITIVE ASSESSMENT What is the problem with the Fair Credit Reporting Act?
A) It describes credit reports as public documents.
B) It allows only certain business or government agencies to collect and distribute credit reports.
C) It prevents users from obtaining their own credit reports without a warrant.
D) It does not define what a legitimate business need is for viewing a credit report.

Question

Quizplus · Accepted Answer

The Fair Credit Reporting Act does not clearly define what constitutes a "legitimate business need" for accessing a credit report, which can lead to ambiguity and potential misuse.

COGNITIVE ASSESSMENT What Is the Problem with the Fair Credit