Question

Which federal legislation requires that the borrower have the right to receive a copy of his or her credit report, without charge, annually?

A. Fair Credit Reporting Act (FCRA)
B. Truth in Lending Act (TILA)
C. Equal Credit Opportunity Act (ECOA)
D. Fair Debt Collection Practices Act (FDCPA)

Answer 1

The Fair Credit Reporting Act (FCRA) requires borrowers to receive a free copy of their credit report annually.

Step-by-step explanation:

The federal legislation that requires that the borrower have the right to receive a copy of his or her credit report, without charge, annually is the Fair Credit Reporting Act (FCRA).