Read about Wanda’s complaint to the FDIC. What action did the regulator most likely take in this case?
The FDIC found out that a company misreported information to a credit scoring company about Wanda. Wanda contacted the company and asked them to fix the problem. The company refused to talk about it and referred her back to the credit company. The FDIC declares the company has violated the .
a. Fair Credit Reporting Act
b. Gramm-Leach-Bliley Act
c. Federal deposit Insurance act
d. Bankruptcy Abuse Prevention and Consumer Protection Act
e. Fair and Accurate Credit Transactions act
I think the answer is A but could it possibly be E
2 answers
It's A. The Fair and Accurate Credit Transactions act is an amendment to the Fair Credit Reporting Act.
Read about Wanda’s complaint to the FDIC. What action did the regulator most likely take in this case?
1 answer