The primary concern of the Fair and Accurate Credit Transaction Act is to:
A) help deal with identity theft
B) help deal with low credit scores
C) help minority groups get credit cards
D) help students improve their credit ratings
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

The Fair and Accurate Credit Transaction Act (FACTA) is primarily concerned with preventing and addressing identity theft. The act includes provisions for consumers to request free credit reports and establish fraud alerts to protect their credit information.

The Primary Concern of the Fair and Accurate Credit Transaction