The equal credit opportunity act: a. regulates the reporting and use of credit information; limits consumer liability for stolen credit cards to $50.b. prohibits discrimination in credit transactions because of gender, marital status, race, national origin, religion, age, or receipt of public assistance. c. empowers the ftc to determine rules concerning consumer warranties and provides for consumer access to means of redress, such as the "class action" suit. d. makes it a federal crime to defraud consumers through use of the mail. e. requires lenders to state the true costs of a credit transaction; established a national commission on consumer finance.