asked 85.8k views
1 vote
Which Regulation is The Fair Credit Reporting Act also known as?

A. Regulation E
B. Regulation F
C. Regulation G
D. Regulation H

asked
User Mnsr
by
8.3k points

1 Answer

5 votes

Final answer:

The Fair Credit Reporting Act (FCRA) is a federal law that sets out requirements for credit reporting agencies, lenders, and businesses that use consumer credit reports.

Step-by-step explanation:

The Fair Credit Reporting Act (FCRA) is actually a federal law and is not referred to as a regulation. The FCRA is designed to promote accuracy, fairness, and privacy of consumer information in the files of consumer reporting agencies. It sets out various requirements for credit reporting agencies, lenders, and businesses that use consumer credit reports. Therefore, the correct answer to the question is none of the above options, as the FCRA is not known as any specific regulation.

answered
User Steve Dignan
by
8.2k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.