Right to Financial Privacy Act
Gramm-Leach Bliley Act
Home Ownership and Equity
Protection Act
Equal Credit Opportunity Act
Provision
requires banks to explain what information
is
shared with other businesses
prohibits creditors from discriminating among
consumers based on factors like age and
marital status
mandates pre-loan counseling for borrowers
requires the federal government to obtain
a court order to access customer
financial information
Law



Answer :

The correct matching of the provided laws and their corresponding provisions is as follows:

1. Right to Financial Privacy Act - requires the federal government to obtain a court order to access customer financial information.

2. Gramm-Leach-Bliley Act - mandates pre-loan counseling for borrowers.

3. Home Ownership and Equity Protection Act - prohibits creditors from discriminating among consumers based on factors like age and marital status.

4. Equal Credit Opportunity Act - requires banks to explain what information is shared with other businesses.

These laws serve to protect consumers in various financial aspects such as privacy, equal opportunity in credit access, anti-discrimination practices, and counseling to ensure informed borrowing decisions.