The Fair Credit Reporting Act protects consumers with guidelines regarding what?

Disable ads (and more) with a premium pass for a one time $4.99 payment

Conquer the Ohio Insurance Laws and Regulations Exam with our comprehensive guide. Boost your confidence and knowledge to ace the exam on your first try!

The Fair Credit Reporting Act is a federal law that involves guidelines put into action by the Federal Trade Commission. The guidelines are specifically designed to help protect consumers when it comes to credit reporting and distribution. A is incorrect because the FRC Act does not involve investment reporting. C is incorrect because it does not relate to the FRC Act at all. D is incorrect because the FRC Act does not have any involvement with employment verification processes. These answers are not related to the main topic of the FRC Act, which is to regulate and protect consumers with credit reporting and distribution.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy