Home
/
Law
/
the fair credit billing act's underlining purpose is: to collect the outstanding debt consumers owe creditors to protect the credit

Question

The Fair Credit Billing Act's underlining purpose is: to collect the outstanding debt consumers owe creditors to protect the credit agencies from consumer complaints to get the lowest possible interest rate for its clients to protect consumer credit ratings

Answer

4.2 (283 Votes)
Verificación de expertos
Michael Veteran · Tutor for 12 years

Answer

The Fair Credit Billing Act's underlying purpose is to protect consumer credit ratings.