Which of the Following Credit Reporting Protections Is Offered by the Federal

question 50

Multiple Choice

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 consumer's credit report.
• B)All inaccurate information must be corrected or removed from a consumer's 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.

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Definitions:

Canines

The sharp, pointed teeth next to the incisors in mammals that are often used for biting and tearing food.

Transverse Colon

The segment of the large intestine that crosses the upper abdominal cavity between the ascending and descending colon.

Gallbladder

A small, pear-shaped organ located just beneath the liver, storing bile secreted by the liver and releasing it into the small intestine.

Pancreatic Enzymes

Digestive enzymes produced by the pancreas used to break down fats, proteins, and carbohydrates in the intestines during the digestive process.