For Equal Credit Opportunity Act we have terms and definitions in 3 topics. The topics are Auto Lease, Consumer Protection and Mortgage.

Equal Credit Opportunity Act (Auto Lease)

A federal law that prohibits discrimination in credit transactions on the basis of race, color, religion, national origin, sex, marital status, age, source of income, or the exercise of any right under the Consumer Credit Protection Act.

Equal Credit Opportunity Act (Consumer Protection)

The Equal Credit Opportunity Act prohibits discrimination against an applicant for credit because of age, sex, marital status, religion, race, color, national origin, or receipt of public assistance. It also prohibits discrimination because of a good faith exercise of any rights under the federal consumer credit laws. If a consumer has been denied credit, the law requires notification of the denial in writing. The consumer may request, within 60 days, that the reason for denial be provided in writing.

Equal Credit Opportunity Act (Mortgage)

Prohibits discrimination in any aspect of a credit transaction on the basis of race, religion, age, color, national origin, receipt of public assistance funds, sex, or marital status. Text.

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