Mabel is a single 40-year-old who has borrowed money on numerous occasions. Her payment record has been good, except she has been delinquent in paying a few bills. Which of the following is true regarding credit information gathered on Mabel?
A) Since Mabel has been delinquent, she waives her right to see the credit files.
B) If Mabel is rejected for a loan because of the consumer report, the lender must tell her the name of the agency that supplied the report.
C) Mabel has a right to have the information regarding her delinquency in paying a few loans stricken from her credit record because her record has generally been good.
D) Mabel's delinquencies can be reported by credit reporting agencies for a period of twelve years.
Correct Answer:
Verified
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