Under the Fair Credit Billing Act (FCBA) , _____.
A) a card issuer may report a cardholder's delinquency to a credit reporting agency at any time deemed reasonable by it
B) a card issuer must inform the cardholder of the reporting agency to which the issuer sends its reports
C) the seller cannot offer discounts if the buyer pays cash for a purchase rather than using a credit card
D) the consumer has the right to have a credit report withheld from anyone not having a legitimate business need for the information
Correct Answer:
Verified
Q28: The Consumer Leasing Act:
A) requires the creditor
Q29: Ben entered into a contract with Clooney
Q30: Which of the following acts has provisions
Q31: The Equal Credit Opportunity Act:
A) is designed
Q32: According to the Fair Credit Billing Act
Q34: The Consumer Product Safety Commission's authority is
Q35: The Fair Credit Reporting Act (FCRA) covers
Q36: The Holder in Due Course rule:
A) alters
Q37: The Consumer Product Safety Commission:
A) can file
Q38: A debtor may rescind a contract under
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