Question

Henry applied for a loan from First Bank and was denied the loan two weeks later. He discovered that the reason behind the denial was that the bank considered him a poor credit risk because a credit report stated that he was an alcoholic. Henry claimed that this information was not true. Which of the following Acts will allow Henry to approach First Bank for reconsideration of his loan application?
A. Equal Credit Opportunity Act
B. Fair Debt Collection Practices Act
C. Fair Credit Billing Act
D. Fair Credit Reporting Act

Answer

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