A-The FBI
B-The Federal Trade Commission
C-The Department of Housing and Urban Development
D-The Department of the Interior
#1
The Gramm-Leach-Bliley Act deals with consumer affairs issues
True
False
#2
What is the name of the state agency that usually enforces consumer credit laws?
#3
What is an example of credit?
A-A Bank of America ATM card
B-A Wachovia Bank debit card
C-A Banana Republic store charge card
D- A PNC Bank check
#4
Which of the following prohibits discrimination when issuing credit to consumers?
A-Fair Housing Act
B-Civil Liberties Act
C-Equal Credit Opportunity Act
D-Gramm-Leach-Bliley Act
#5
Which of the following was enacted to protect the accuracy and privacy of consumer credit information?
A-Fair Credit Reporting Act
B-Fair Housing Act
C-Gramm-Leach-Bliley Act
D-Equal Credit Opportunity Act
#6
Sandra buys a new couch from Sofa Quick. She wants to take advantage of the 12 months same as cash program, but the store denies her credit because she is a woman.
True or false: Sofa Quick has violated the Fair Credit Reporting Act.
True or false
#7
Simone applies for a mortgage loan from National City Bank. National City Bank’s description of the various charges and penalties that are part of the mortgage are so confusing that she unable to determine whether the loan offered by National City is better or worse than other banks.
True or false: National City has violated the Consumer Credit Protection Act.
True or false
#8
Overdraft protection is a(n) __________.
A-check
B-agreement of the bank to cover checks that are written when there are insufficient funds in the account
C-ATM card
D-agreement of the bank customer to ensure that there are sufficient funds in the bank account before writing a check
please help
LEON









