Business Credit and the Equal Credit Opportunity Act and Reg
Business Credit and the Equal Credit Opportunity Act and Reg
Business credit is covered by the basic nondiscrimination requirements of the Equal Credit Opportunity Act (ECOA). ECOA bans credit discrimination for reasons of sex, marital status, race, color, religion, national origin and age. This informative pamphlet defines which actions creditors may and may not take under this Act.
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