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Which regulations do credit card companies have to follow? Check all that apply.
They have to make all credit terms clear to the borrower.
They have to accept any borrower who applies for a credit card.
They are not allowed to change annual fees or interest rates.
They have to obtain a borrower's information in a responsible way.
They cannot discriminate based on race, gender, or national origin.
They have to avoid abusive marketing practices and protect privacy.

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Answer:

- They have to make all credit terms clear to the borrower.

- They have to obtain a borrower's information in a responsible way.

- They cannot discriminate based on race, gender, or national origin.

- They have to avoid abusive marketing practices and protect privacy.

adeoladokun31

The following refer to the regulations credit card companies have to follow.

  • They have to make all credit terms clear to the borrower.

  • They have to obtain a borrower's information in a responsible way.

  • They have to avoid abusive marketing practices and protect privacy.

What are Credit card companies?

Credit card companies refers to organisations or banks or credit unions that provide or give credit cards to consumers and small business owners. Credit card companies provide services to their customers or cardholders' accounts by billing for purchases, rewards and they also accept payment.

Therefore, The regulations credit card companies need to follow are stated below.

  • They have to make all credit terms clear to the borrower.

  • They have to obtain a borrower's information in a responsible way.

  • They have to avoid abusive marketing practices and protect privacy.

Learn more about credit card companies from the link below.

https://brainly.com/question/26220899

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