# PTE Reading FIB #32: Consumer Credit Reporting...

Reading: Fill in the Blanks #32 - Level 3 - Feeds Reading

> In the text below some words are missing. Drag word from the box below to the appropriate place in the text. To undo an answer choice, drag the word back to the box below the text.

Many companies and lenders provide ____ to all customers that decisions ____ on a person's credit report impact the terms and rates offered. In addition, if a lender denies a loan application based on information in a consumer report, the lender must provide an "adverse action" notice to the consumer to explain the reason for the ____.

## Answer

Many companies and lenders provide **disclosures** to all customers that decisions **based** on a person's credit report impact the terms and rates offered. In addition, if a lender denies a loan application based on information in a consumer report, the lender must provide an "adverse action" notice to the consumer to explain the reason for the **denial**.

## Explanation

Blank 2 comes before "on," and "based on" means using something as a source. "Fixed on" changes the meaning to focused on. Blank 3 follows "the reason for the" and points back to a lender who denies a loan application. So you need the noun "denial," while "trial" looks similar but has nothing to do with refusing a loan.

## Hints

- Look for words that function as nouns to complete the first and third gaps.
- Consider the relationship between a loan application and the final decision process.

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