Which regulations do credit card companies have to follow? Check all that apply.They have to make all credit terms clear to the borrower.They have to accept any borrower who applies for a credit card.They are not allowed to change annual fees or interest rates.They have to obtain a borrower’s information in a responsible way.They cannot discriminate based on race, gender, or national origin.They have to avoid abusive marketing practices and protect privacy.
Answer
A
They have to make all credit terms clear to the borrower.
B
They have to accept any borrower who applies for a credit card.
C
They are not allowed to change annual fees or interest rates.
D
They have to obtain a borrower’s information in a responsible way.
E
They cannot discriminate based on race, gender, or national origin.
F
They have to avoid abusive marketing practices and protect privacy.