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The purpose of the Fair Credit Reporting Act is to... prohibit discrimination in granting credit regulate the consumer c...

The purpose of the Fair Credit Reporting Act is to...

prohibit discrimination in granting credit

regulate the consumer credit reporting industry

regulate consumer credit billing practices

require disclosure of terms

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Answer #1

The purpose of the Fair Credit Reporting Act is to...

*regulate the consumer credit reporting industry

Explanation:

It is a federal law that governs how a credit reporting agency handles credit information of persons that comes to them in the process of their functioning.

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