Select the correct answer from the drop-down menu.

Question

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

Answer 1

The FDIC declares the company has violated the Fair Credit Reporting Act.