The Truth-in-Lending Act of 1968 gave consumers the right to access the information from their credit files kept at local and regional credit bureaus.

Question

Quizplus · Accepted Answer

The Fair Credit Reporting Act (FCRA) of 1970, not the Truth-in-Lending Act of 1968, granted consumers the right to access their credit files and correct any errors. The Truth-in-Lending Act primarily requires lenders to provide clear and standardized information about the costs and terms of credit.

The Truth-In-Lending Act of 1968 Gave Consumers the Right to Access