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Under the Consumer Credit Reporting Reform Act, what would happen if a Credit Bureau verifies inaccurate information? Multiple choice question. The Credit Bureau pays a

Under the Consumer Credit Reporting Reform Act, what would happen if a Credit Bureau verifies inaccurate information?

Multiple choice question.

The Credit Bureau pays a fine to the Fair Credit Reporting Agency.

The Credit Bureau corrects the information and is not liable for damages.

If the Credit Bureau is wrong about information, the consumer can sue for actual, possibly punitive damages.

The consumer must pay the state attorney to sue for damages.

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