Pursuant to the Fair Credit Reporting Act, a consumer reporting agency must adopt reasonable procedures to ensure that ____________ a. open-end credit plans are fully disclosed b. consumers receive minimum warranty protection c. creditors do not regularly extend consumer credit to a debtor in an amount greater than $25,000 d. obsolete information does not appear on credit reports e. the annual percentage rate (APR) does not exceed the total finance charge
Pursuant to the Fair Credit Reporting Act, a consumer reporting agency must adopt reasonable procedures to ensure that ____________ a. open-end credit plans are fully disclosed b. consumers receive minimum warranty protection c. creditors do not regularly extend consumer credit to a debtor in an amount greater than $25,000 d. obsolete information does not appear on credit reports e. the annual percentage rate (APR) does not exceed the total finance charge
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Pursuant to the Fair Credit Reporting Act, a consumer reporting agency must adopt reasonable procedures to ensure that ____________
a. open-end credit plans are fully disclosed
b. consumers receive minimum warranty protection
c. creditors do not regularly extend consumer credit to a debtor in an amount greater than $25,000
d. obsolete information does not appear on credit reports
e. the annual percentage rate (APR) does not exceed the total finance charge
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