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Who has rulemaking authority for the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act (FACTA)?

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Last Post by Mikel 2 years ago

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(@palomamikel)

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Topic starter 24/09/2022 4:42 pm

Who has rulemaking authority for the Fair Credit Reporting Act (FCRA) and the Fair and Accurate Credit Transactions Act (FACTA)?

A . State Attorneys General
B . The Federal Trade Commission
C . The Department of Commerce
D . The Consumer Financial Protection Bureau

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Suggested Answer: D

Explanation:

Reference: https://www.ftc.gov/enforcement/statutes/fair-accurate-credit-transactions-act-2003

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