Question

1. Which of the following choices protects consumers from being forced to pay for goods or services in a legitimate dispute?
A. Truth in Lending Law
B. Equal Credit Opportunity Act
C. Preservation of Consumer's Claims and Defense Ruling
D. Fair Credit Billing Act

2. Requires accuracy and privacy of information contained in credit reports.
A. Truth in Lending Law
B. Equal Credit Opportunity Act
C. Fair Credit Reporting Act
D. Fair Credit Billing Act
E. Electronic Funds Transfer Act
F. Fair Debt Collection Practices Act
G. Preservation of Consumer's Claims and Defense Ruling

Answer 1

i believe 1 is A and two is G.

Answer 2

Answer:

1. Preservation of consumers claims and defense ruling

2.Fair credit reporting act

Explanation:

Preservation of consumers claims and defense ruling is a law enacted to protect consumers in a situation where a consumer credit contract is transferred to other lenders. It prevents the usage of force to collect debt that arise form a legitimate dispute in the course of trading.

Fair credit reporting guides the management of information obtained from the credit reports of a consumer. ts aim is to ensure that information provided by the consumer towards a loan application are true and also to ensure the confidentiality treatment of such information by the loan provider.