What two Acts does the Adverse Action fall under?

Adverse Action is primarily concerned with the principles set forth in the Fair Credit Reporting Act (FCRA) and the Equal Credit Opportunity Act (ECOA). The FCRA is designed to promote the accuracy and privacy of information in the files of consumer reporting agencies, which can influence adverse action, as it relates to how consumers are treated based on their credit history. The ECOA aims to ensure equal access to credit and prohibits discrimination in any aspect of a credit transaction, making it essential in the context of adverse actions.

While TILA (Truth in Lending Act) and TDCA (Texas Debt Collection Act) have relevance in the broader context of consumer finance and protection, they are not directly related to the concept of adverse action. Therefore, recognizing that adverse actions primarily fall under the purviews of FCRA and ECOA clarifies the correct relationship, making the conjunction of both acts the accurate choice in this question.

Therefore, the inclusion of both FCRA and ECOA forms a comprehensive understanding of the regulations governing adverse actions in credit transactions, leading to the selection that combines B (FCRA and TILA) and C (TDCA and ECOA) appropriately.