Based on Julia's credit history,TrueMoney Bank denies her a loan.In this case,the bank need not notify Julia and tell her where it secured her credit information.

Question

Quizplus · Accepted Answer

TrueMoney Bank must notify Julia and tell her where it secured her credit information.Anyone using information from a credit reporting agency (CRA),such as Equifax,to take "adverse action" against consumers (denying them credit,a job,insurance) must notify them and tell them where it secured the information.

Based on Julia's Credit History,TrueMoney Bank Denies Her a Loan