Final answer:
The Equal Credit Opportunity Act prevents credit discrimination, the Fair Credit Reporting Act safeguards personal financial data. The correct answer is A).
Step-by-step explanation:
Matching legislation with their respective definitions, the Equal Credit Opportunity Act (ECOA) is a federal law that prohibits discrimination on the basis of gender, race, ethnicity, and in some circumstances age, when making decisions related to the extension of credit. This act played an important role in advancing financial equality.
By ending practices such as lenders not providing loans to married women without considering their husbands or only considering the husband's income for family credit applications. Lastly, the Fair and Accurate Credit Transactions Act (FACTA) is an amendment to the FCRA that enhances consumer protections.
Including provisions to help reduce identity theft and improve the resolution of consumer disputes regarding credit information. The Consumer Credit Protection Act, encompasses a range of credit-related protections, including the establishment of maximum loan charge rates and the requirement for disclosure of finance charges and terms to consumers.