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Julia Billips
on Oct 23, 2024

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Which of the following requires credit bureaus to supply correct and complete information to businesses for use in evaluating a person's application for credit, insurance, or a job?

A) Fair Debt Collection Practices Act
B) Truth in Lending Act
C) Equal Credit Opportunity Act
D) Fair Credit Reporting Act
E) Telephone Consumer Protection Act

Fair Credit Reporting Act

A U.S. federal law that regulates the collection, dissemination, and use of consumer credit information.

Credit Bureaus

Organizations that collect, maintain, and provide consumer credit information for the purpose of evaluating creditworthiness.

Complete Information

A scenario or state where all participants or parties have access to all necessary information, usually referenced in economics and game theory.

  • Identify legal aspects of financial transactions in medical practices, including regulations affecting billing and patients' rights.
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Imani ClarkOct 24, 2024
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