CRCM practice question 26 of 35

ABC Bank has an interactive Internet Web site at which it takes consumer credit applications. At the time an applicant completes an application on…

Choose your answer, then check it against the explanation.

ABC Bank has an interactive Internet Web site at which it takes consumer credit applications. At the time an applicant completes an application on the Web site and submits it, the applicant also is asked for his or her email address. If the application is denied, ABC sends an adverse action notice to the applicant’s email address listed on the application. Using this procedure, what is ABC Bank’s responsibility?
Answer options
Question 26 of 35

Keep practicing

Take the free CRCM practice test

Ten exam-style questions with answers and explanations, plus the exam facts and study guides.

Start the free practice test

More questions

Other CRCM practice questions

Scroll to Top