Question

Federal laws that protect consumers in the financial industry require credit lenders to

Group of answer choices


A. use all of the same methods when disclosing borrowing terms.

B. not discriminate when engaging in credit transactions.

C. not increase rates on existing credit card balances.

D. All of the above

Answer 1

Answer: All of the above

Explanation:

Federal laws that protect consumers in the financial industry require credit lenders to;

•Not increase rates on existing credit card balances.

•Use all of the same methods when disclosing borrowing terms.

•not discriminate when engaging in credit transactions.

Answer 2

Answer: All of the above

Step-by-step explanation:

Federal laws that protect consumers in the financial industry require credit lenders to;

•Not increase rates on existing credit card balances.

•Use all of the same methods when disclosing borrowing terms.

•not discriminate when engaging in credit transactions.