Solved

Renee Applied for Credit to Open Her Own Beauty Salon

Question 4

Multiple Choice

Renee applied for credit to open her own beauty salon.The bank denies her the credit after learning she was recently divorced and receives public assistance income.Which of the following federal laws did the bank violate?


A) The Fair Debt Collections Act
B) The Equal Credit Opportunity Act
C) The Truth-in-Lending Act
D) The Fair Credit Reporting Act

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions