Credit reporting act Study guides, Class notes & Summaries

FAC1601 Assignment 3 2024 (UNIQUE NO. 214921) - DUE 30 April 2024 ;100 % TRUSTED workings, explanations and solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... Question 1 Not yet answered Marked out of 3.00 QUIZ This information relates to questions 1 - 5 below: A profi table cattle feed production company, Tswelelopele Ltd, was incorporated with an authorised share capital of 900,000 NPV ordinary shares and 600,000 6.5% preference shares. The co...

WGU D320/CCSP Actual Exam Tested Questions With Revised Correct Answers The management plane is use to administer a cloud environment and perform administrative tasks across a variety of systems, but most specifically it's used with the hypervisors. What does the management plane typically leverage for this orchestration? A. APIs B. Scripts C. TLS D. XML The management plane uses APIs to execute remote calls across the cloud environment to various management systems, espec...

CR4 - Fair Credit Reporting Act. Exam Questions and answers C 3D905EB356FB48CBADABC7D80365B981 Not answered. The correct answer is c. A is incorrect because only consumers must receive risk based pricing notices. B is incorrect because risk based pricing notices must be provided when a lender increases a consumer's rate based on a credit report. D is incorrect because a risk-based pricing notice is not required when the lender approves a loan on the terms requested by the consumer. -...

FAC3702 Assignment 1 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references .. Question 1 (50 marks - 75 minutes) KassiLam Limited (“KassiLam”) was founded by two Soweto born young entrepreneurs while they were in Varsity. KassiLam specialises in WIFI installation in the townships and have expanded to the villages. KassiLam makes money from contracts with the government through competitive bi...

Fair Credit Reporting Act (FCRA) Exam Review Questions and answers, rated A+ FCRA substantially covers: - -Banks acting as *Consumer Reporting Agencies*. FCRA requirements ALSO apply to Banks that Operate in the Following Capacities: - -(1) *Obtaining and users of Information* (Example: Credit grantors, purchasers of dealer paper, or when opening deposit accounts); (2) *Furnishers and Transmitters of Information* (by reporting information to consumer reporting agencies or other 3rd pa...

Loan-to-Value Ratio (LTV) - correct answer The percentage of the lesser of the appraised value or sales price that the lender will lend. ex: If a borrower is approved for an 80% loan, it means that the lender will loan up to 80% of the sales price or appraised value, whichever is lower. Package Mortgage - correct answer Includes both real and personal property ( fixtures and furnishings) Blanket Mortgage - correct answer Covers more than one piece of property. Wraparound Mortgage - c...

LA Life, Health & Accident Insurance Series 103 Practice Exam Questions and Answers Already Passed Under which situation must insurable interest exist between the applicant and insured at the time of application? When a third-party applicant names themselves beneficiary. Which of the following is true about a decreasing term life policy? The face amount reaches zero at policy expiration. Which of the following occurs immediately after the application is submitted and the initial premium paid?...

Fair Credit Reporting Act: Exam Review Questions and answers, VERIFIED. In addition to requirement related to financial institutions acting as CRAs, FCRA requirements also apply to who? (4 categories) - -1- procurers and users of information 2- furnishers and transmitters of information 3 - Marketers of credit or insurance products 4 - Employers For FCRA, is there a difference between a "consumer" and a "person"? - -yes. A consumer is an individual. A person can be a "individual...

Fair Credit Reporting Act 2024 Quizzes & Ans..

HUD Certification Exam with complete solution 2023Deed Restrictions Legally enforceable terms that govern the use of real estate Redlining The practice of refusing to make residential loans or imposing more onerous terms on any loans made because of the predominant race, color, national origin, religion, sex, disability, or familial status of the area's residents. Civil Rights Act of 1968 Following the assassination of Dr. Martin Luther King Jr., Congress passed what monumental...