The Fair Credit Reporting Act:
A) applies to anyone giving financial information about another person
B) provides a statutory right for anyone to obtain a credit report about another person, so long as all parties involved are notified
C) regulates consumer credit bureaus
D) applies to anyone giving financial information about another person and provides a statutory right for anyone to obtain a credit report about another person, so long as all parties involved are notified
E) applies to anyone giving financial information about another person and provides a statutory right for anyone to obtain a credit report about another person, so long as all parties involved are notified and regulates consumer credit bureaus

Question

Quizplus · Accepted Answer

The Fair Credit Reporting Act primarily regulates consumer credit bureaus and how they handle consumer information, ensuring privacy, accuracy, and fairness in the reporting of credit information.