Question
A credit reporting company places a fax machine in the office of a mortgage lender, so that the credit reporting company can easily transmit requests
A credit reporting company places a fax machine in the office of a mortgage lender, so that the
credit reporting company can easily transmit requests for credit reports and the mortgage
lender can respond. The credit reporting company supplies the fax machine at no cost or at a
reduced rental rate based on the number of credit reports ordered.
Is this a violation or not? Discuss
Step by Step Solution
There are 3 Steps involved in it
Step: 1
A credit reporting agency is delivering a fax machine to a mortgage lenders office In exchange for the consumer reporting agency giving the specific mortgage lender multiple credit reports then the co...
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Step: 2
Step: 3
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Auditing a business risk appraoch
Authors: larry e. rittenberg, bradley j. schwieger, karla m. johnston
6th Edition
9780324645095, 324645090, 978-0324375589
