Friday, March 26, 2021

Fighting discrimination in the credit marketplace

Bureau of Consumer Protection. Business Alerts From the Federal Trade Commission

By Lesley Fair

Equal access to credit based on non-discriminatory criteria is an essential component of economic opportunity and a fair marketplace. The Equal Credit Opportunity Act prohibits creditors from denying credit based on a host of discriminatory criteria, including race, religion, national origin, sex, marital status, age, etc.

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