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These are all for one question. Thank you! Consumer credit laws have been implemented over the years to protect consumers against creditor abuses. Match the

These are all for one question. Thank you!

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Consumer credit laws have been implemented over the years to protect consumers against creditor abuses. Match the following consumer credit issues with the appropriate consumer credit law: a. Controls debt collection procedures and practice. b. Prohibits credit discrimination because of race, age, or national origin. c. Establishes the APR and requires the disclosure of all credit-related costs. d. Requires credit contracts to be written in plain English. e. Requires a "rejection letter" or written explanation of any adverse action taken. f. Limits marketing of credit cards to the mailing of application packets and prohibits the mailing of unrequested credit cards. g. Allows payment for defective goods purchased with a credit card to be legally withheld. h. Limits fraudulent card use to $50 payment by the cardholder. i. Ensures that divorced individuals can receive credit. j. Provides annual access to one free credit report from each of the major credit bureaus. k. Reduces credit card late fees to $25. I. Limits the issuance of credit cards to consumers under age 21 . a. Which of the Consumer Credit Laws governs the following consumer credit issue: Controls debt collection procedures and practice? (Select the best answer below.) A. Fair Debt Collection Practices Act of 1978. B. Truth in Lending Act (amended in 1982). C. Truth in Lending Act of 1968. D. Equal Credit Opportunity Act of 1975. E. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. b. Which of the Consumer Credit Laws governs the following consumer credit issue: Prohibits credit discrimination because of race, age, or national origin? (Select the best answer below.) A. Equal Credit Opportunity Act (amended 1977). B. Equal Credit Opportunity Act of 1975. C. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. D. Truth in Lending Act (amended in 1982). E. Fair Debt Collection Practices Act of 1978 . c. Which of the Consumer Credit Laws governs the following consumer credit issue: Establishes the APR and requires the disclosure of all credit-related costs? (Select the best answer below.) A. Truth in Lending Act (amended in 1982). B. Equal Credit Opportunity Act of 1975. C. Fair Credit Billing Act of 1975. D. Truth in Lending Act (amended 1971). E. Truth in Lending Act of 1968 . d. Which of the Consumer Credit Laws governs the following consumer credit issue: Requires credit contracts to be written in plain English? (Select the best answer below.) A. Truth in Lending Act (amended in 1982). B. Fair Debt Collection Practices Act of 1978. C. Equal Credit Opportunity Act of 1975 . D. Truth in Lending Act (amended 1971). E. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. e. Which of the Consumer Credit Laws governs the following consumer credit issue: Requires a "rejection letter" or written explanation of any adverse action taken? (Select the best answer below.) A. Fair Debt Collection Practices Act of 1978 . B. Equal Credit Opportunity Act (amended 1977). C. Equal Credit Opportunity Act of 1975. D. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. E. Fair Credit Billing Act of 1975 . f. Which of the Consumer Credit Laws governs the following consumer credit issue: Limits marketing of credit cards to the mailing of application packets and prohibits the mailing of unrequested credit cards? (Select the best answer below.) A. Truth in Lending Act of 1968. B. Fair Debt Collection Practices Act of 1978. C. Equal Credit Opportunity Act (amended 1977). D. Truth in Lending Act (amended in 1971). E. Fair Credit Billing Act of 1975 . g. Which of the Consumer Credit Laws governs the following consumer credit issue: Payment for defective goods purchased with a credit card can legally be withheld? (Select the best answer below.) A. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. B. Truth in Lending Act of 1968 . C. Equal Credit Opportunity Act (amended 1977). D. Fair Credit Billing Act of 1975. E. Equal Credit Opportunity Act of 1975. h. Which of the Consumer Credit Laws governs the following consumer credit issue: Limits fraudulent card use to $50 payment by the cardholder? (Select the best answer below.) A. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. B. Truth in Lending Act (amended in 1982). C. Truth in Lending Act of 1968. D. Fair Debt Collection Practices Act of 1978. E. Truth in Lending Act (amended 1971). i. Which of the Consumer Credit Laws governs the following consumer credit issue: Ensures that divorced individuals can receive credit? (Select the best answer below.) A. Fair Debt Collection Practices Act of 1978. B. Fair Credit Billing Act of 1975. C. Truth in Lending Act of 1968 . D. Truth in Lending Act (amended 1971). E. Equal Credit Opportunity Act of 1975 . j. Which of the Consumer Credit Laws governs the following consumer credit issue: Provides annual access to one free credit report from each of the major credit bureaus? (Select the best answer below.) A. Fair Debt Collection Practices Act of 1978. B. Equal Credit Opportunity Act (amended 1977). C. Fair Credit Billing Act of 1975. D. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. E. Truth in Lending Act (amended in 1982). k. Which of the Consumer Credit Laws governs the following consumer credit issue: Reduces credit card late fees to $25 ? (Select the best answer below.) A. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. B. Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009. C. Fair Credit Billing Act of 1975 . D. Truth in Lending Act (amended in 1982). E. Fair Debt Collection Practices Act of 1978. I. Which of the Consumer Credit Laws governs the following consumer credit issue: Place limitations on the issuance of credit cards to consumers under age 21? (Select the best answer below.) A. Fair Debt Collection Practices Act of 1978. B. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. C. Truth in Lending Act of 1968. D. Equal Credit Opportunity Act (amended 1977). E. Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009 . m. Which of the Consumer Credit Laws governs the following consumer credit issue: Requires clear and simple disclosures related to international money transfers? (Select the best answer below.) A. Fair Credit Billing Act of 1975. B. Fair Debt Collection Practices Act of 1978. C. Equal Credit Opportunity Act (amended 1977). D. Fair and Accurate Credit Transactions Act (FACT Act) of 2003. E. Credit Card Accountability, Responsibility, and Disclosure (CARD) Act of 2009

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