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Under the Consumer Credit Reporting Reform Act of 1997, the burden of proof for accuracy of credit information is placed on consumers rather than creditors. True or false?
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Asked 4/20/2011 12:41:20 PM
Updated 3/23/2018 7:33:28 AM
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Flagged by Masamune [3/23/2018 7:33:28 AM]
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User: Under the Consumer Credit Reporting Reform Act of 1997, the burden of proof for accuracy of credit information is placed on consumers rather than creditors. True or false?

Weegy: true
sunime09|Points 297|

Question
Asked 4/20/2011 12:41:20 PM
Updated 3/23/2018 7:33:28 AM
1 Answer/Comment
This conversation has been flagged as incorrect.
Flagged by Masamune [3/23/2018 7:33:28 AM]
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Under the Consumer Credit Reporting Reform Act of 1997, the burden of proof for accuracy of credit information is placed on consumers rather than creditors. FALSE.
Added 3/23/2018 7:33:27 AM
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Credit cards, such as MasterCard and Visa, are examples of: (a) closed-end credit. (b) open-end credit. (c) collateralized credit. (d) wholesale credit.
Weegy: Credit cards, such as MasterCard and Visa, are examples of open-end credit. (More)
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