Finance
A Kentucky homebuyer's loan application is denied because of an erroneous credit report entry. Under the Fair Credit Reporting Act (FCRA), the buyer may:
ASue the lender immediately for discrimination
BDispute the error with the credit reporting agency✓ Correct
CContact KREC for assistance
DFile a complaint with HUD
Explanation
The Fair Credit Reporting Act (FCRA) gives consumers the right to dispute inaccurate information in their credit reports with the credit reporting agency, which must investigate and correct errors.
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