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Which Is NOT True About the Fair Credit Reporting Act

Question 114

Multiple Choice

Which is NOT true about the Fair Credit Reporting Act?


A) It regulates the use of credit reports.
B) It requires deletion of out-of-date information.
C) It places limits on who can obtain your credit report.
D) It places limits on who can obtain a report.
E) It gives borrowers the right to know why they are denied credit.

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