Question

Which of the following credit reporting protections is offered by the federal Fair Credit Reporting Act?

A. In all cases, negative information more than seven years old must be reported in a consumers credit report.

B. All inaccurate information must be corrected or removed from a consumers credit file, usually within 30 days.

C. Consumers cannot sue a credit reporting agency or a bank for damages even if their rights under the act have been violated.

D. Anyone using information from a credit reporting agency to deny a consumer credit cannot reveal the source of information to the consumer.

Answer

This answer is hidden. It contains 255 characters.