Federal regulation of the relationship between consumers and creditors is based on an umbrella law that contains many credit laws:
A) the Truth-in-Lending Act
B) the Consumer Credit Protection Act
C) the Equal Credit Opportunity Act
D) the Fair Consumer Credit Act
E) none of the other choices

Question

Quizplus · Accepted Answer

The Consumer Credit Protection Act is the umbrella law that contains several credit laws, including the Truth-in-Lending Act, the Equal Credit Opportunity Act, and the Fair Credit Reporting Act.

Federal Regulation of the Relationship Between Consumers and Creditors Is