WorksheetsConsumer Protection
Total questions: 10
Worksheet time: 2mins
The Feds job is to...
protect consumers
treat consumers fairly
help people manage their money
enforce regulation
What is the most common form of open-end credit account?
Debit cards
Cash
Credit cards
All of the above
Truth in Lending Act of 1968 informs people of..
security interest
APR
amount financed
all of the above
What prohibits the use of race, color, and religion?
COAE
ECOA
APR
None of above
FCRA
enacted in 1977
ensures banks
established rights in 2005
protects consumers
Marissa got a letter from Nordstrom stating that her credit application had been approved. Marissa can spend up to 5,000 and the annual interest rate is 15.99%. Nordstrom followed what law?
Credit Card Act of 2009
Usury law
Truth In Lending Law
Fair Credit Reporting Act
Chase is concerned he will be turned down for a loan because he is a single male. What law protects him against this concern?
Equal Credit Opportunity Act
Fair Credit Billing Act
Fair Credit Reporting Act
Fair Debt Collections Act
Promotes accuracy, fairness, and privacy of information in the files of consumer reporting agencies
Truth in Lending Act
Equal Credit Opportunity Act
Fair Credit Reporting Act
Fair Debt Collection Act
Who is the manager in "Austin & Ally"?
Dez
Trish
Mr. BOB
AUSTIN
Zac Efron
Dwayne
Jon Bass
