Martinndungu1986
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HUD Practice Test and Correct Answers
client does not receive a written monthly statement from the credit card company. Which credit law 
could this omission violate? - Fair Credit Billing Act 
A client earns a salary of $45,000 at a job held for three years. The client has credit card bills, student 
loans, and a car loan totaling $500 per month. The client has already saved $3,500 for a down payment 
and is using an FHA Energy Efficient Mortgage (EEM). If the client wants to make the minimum down 
payment for a home priced at $150...
- Exam (elaborations)
- • 10 pages •
client does not receive a written monthly statement from the credit card company. Which credit law 
could this omission violate? - Fair Credit Billing Act 
A client earns a salary of $45,000 at a job held for three years. The client has credit card bills, student 
loans, and a car loan totaling $500 per month. The client has already saved $3,500 for a down payment 
and is using an FHA Energy Efficient Mortgage (EEM). If the client wants to make the minimum down 
payment for a home priced at $150...