Question

Private remedies under the Equal Credit Opportunity Act may include:
A.Actual and punitive damages up to $10,000.
B.Actual and punitive damages up to $10,000 and attorney fees.
C.Actual and punitive damages up to $10,000, attorney fees and legal costs.
D.None of the above. There is no private cause of action permitted under the ECOA. Only the FTC is authorized to sue violators.

Answer

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