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Question
Which of the following statements is true of the limitation of the Fair Credit Reporting Act?
A. If a bank passes along any information it received from an outside source about its customer, then its credit report is not covered by the act.
B. If a bank reports only as to its own experiences, it would come under the act.
C. If a bank furnishes information about a customer related to its transactions, it would come under the act.
D. If a bank passes on information it collected from credit reporting agencies that used several sources, it would not come under the act.
E. If a bank gave its opinion as to the creditworthiness of a customer in question, it would come under the act.
Answer
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