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The Dodd­Frank Act

Question 44

Multiple Choice

The Dodd­Frank Act:


A) requires issuers to give a 45­day notice before making significant changes to credit agreements.
B) requires lenders, insurance companies, and others to provide a free copy of the credit score of applicants whose credit card applications have been rejected.
C) requires anyone under the age of 21 who applies for a credit card to either verify proof of income or have an older adult cosign the application.
D) created the Federal Financial Institutions Examination Council (FFIEC) .

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