Megan is a single 40-year-old who has borrowed money on numerous occasions. Her payment record has been good, except she has been delinquent in paying a few bills. Which of the following statements is true regarding credit information gathered on Megan? Because Megan has been delinquent, she waives her right to see the credit files. If Megan is rejected for a loan because of the consumer report, the lender must tell her the name of the agency that supplied the report. Megan has a right to have the information regarding her delinquency in paying a few loans stricken from her credit record because her record has generally been good. O Megan's delinquencies can be reported by credit reporting agencies for a period of 12 years.

Megan is a single 40-year-old who has borrowed money on numerous occasions. Her payment record has been good, except she has been delinquent in paying a few bills. Which of the following statements is true regarding credit information gathered on Megan? Because Megan has been delinquent, she waives her right to see the credit files. If Megan is rejected for a loan because of the consumer report, the lender must tell her the name of the agency that supplied the report. Megan has a right to have the information regarding her delinquency in paying a few loans stricken from her credit record because her record has generally been good. O Megan's delinquencies can be reported by credit reporting agencies for a period of 12 years.