Multiple Choice
Lucy takes out a student loan from Midtown Bank. When she fails to make the scheduled payments for six months, Midtown advises her of further ac?tion that it will take. This violates
A) no federal law.
B) the Fair and Accurate Credit Transactions Act.
C) the Fair Debt Collection Practices Act.
D) the Truth-in-Lending Act.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Advertising that contains an endorsement by a
Q12: Debt & Loan Collection Agency calls Ethel
Q13: Advertising that appears to be based on
Q14: The Consumer Product Safety Commission conducts research
Q15: Mouth & Gums, Inc. (CSI), engages in
Q17: The Consumer Product Safety Commission is the
Q18: In the ordinary course of business, Loan2Buy
Q19: Medi-Insurance Company faxes ads to Nancy and
Q20: Labels on fresh meats are not required
Q21: A credit-card company must send monthly bills