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 fewbills. Which of the following statements is true regarding credit informationgathered 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 thename of the agency that supplied the report.Megan has a right to have the information regarding her delinquency in paying a few loansstricken from her credit record because her record has generally been good.Megan's delinquencies can be reported by credit reporting agencies for a period of 12years.

It refers to the information of a person related to their past loan and it's repayment done by the…

Answered: Megan is a single 40-year-old who has…

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