If you are denied credit based on a false report, which law should you reference?

The Fair Credit Reporting Act (FCRA) is the correct choice in this scenario because it specifically addresses the accuracy and fairness of information in consumer credit reports. The FCRA provides consumers with the right to dispute inaccuracies on their credit reports and includes provisions for ensuring that credit reporting agencies maintain updated and accurate information. This law is crucial when it comes to addressing issues of false reports that may lead to credit denial.

In cases where you're denied credit due to erroneous data, the FCRA requires that you be informed of the reasons for the denial and gives you the right to obtain a free copy of your credit report to verify its accuracy. Should you find that the information is indeed false, the law empowers you to take steps to correct it and seek redress.

The other laws mentioned do not directly pertain to dealing with inaccuracies in credit reports. For example, the Truth in Lending Law focuses on transparency in lending terms, the Equal Credit Opportunity Act prohibits discrimination in credit decisions, and the Bankruptcy Act deals with insolvency issues rather than credit reporting inaccuracies. Each of these has its own specific purpose, but none would directly apply to addressing the problem of a false report leading to a credit denial.