Kip opens an account at Lotsa Goodies, and buys a digital music player and other items, but makes no payments on the account. To collect the debt, a Lotsa Goodies representative contacts Kip's parents. This violates
A) no federal law.
B) the Fair and Accurate Credit Transactions Act.
C) the Fair Debt Collection Practices Act.
D) the Truth-in-Lending Act.
Correct Answer:
Verified
Q62: QT Collection Agency calls Rob several times
Q63: Consumer Finance Corporation (CFC)extends credit to consumers.
Q64: The credit department of Mega-Mart often calls
Q65: Sugar Treats Company wants to sell its
Q66: Tia takes out a loan from Urban
Q67: Leo's application to Metro Bank for a
Q68: Rollo has a credit card from Shopping
Q69: Lu's application to Metro Bank for a
Q70: Auto & Life Insurance Company fails to
Q72: Credit Agency Corporation issues consumer credit reports.
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents