The Equal Credit Opportunity Act prohibits creditors from denying credit for what reasons? If you are denied credit, do you have the right to know the reason for the denial?
Answer to relevant QuestionsExplain how a weak credit report can affect you. How does the interest rate affect your credit payments? What is meant by simple interest? What is the annual percentage rate (APR), and when is it used? Explain how you can impose your own limits on credit card spending. When is a finance charge applied to credit purchases? What is the common range of interest rates on credit cards? Chen recently graduated from college and accepted a job in a new city. Furnishing his apartment has proven more costly than he anticipated. To assist him with making purchases, he applied for and received a credit card with ...
Post your question