For Equal Credit Opportunity Act (ECOA) we have terms and definitions in 7 topics. The topics are Credit Reports, Debt Consolidation, Home Equity, Mortgage, Purchasing A Home, Real Estate and Refinance.

Equal Credit Opportunity Act (Ecoa) (Credit Reports)

The ECOA is a U.S. federal law which prohibits creditors from discriminating against credit applicants on the basis of sex, marital status, race, color, religion, age, and/or receipt of public assistance.

Equal Credit Opportunity Act (Ecoa) (Debt Consolidation)

Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs.

Equal Credit Opportunity Act (Ecoa) (Home Equity)

Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs.

Equal Credit Opportunity Act (Ecoa) (Mortgage)

Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs.

Equal Credit Opportunity Act (Ecoa) (Purchasing A Home)

A federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status, or receipt of income from public assistance programs.

Equal Credit Opportunity Act (Ecoa) (Real Estate)

Federal legislation passed in 1974 to ensure that the various financial institutions and other firms engaged in the extension of credit exercise their responsibility to make credit available with fairness and impartiality, and without discrimination on the basis of race, color, religion, national origin, sex or marital status, age, receipt of income from public assistance programs (food stamps, social security), and to ensure good-faith exercise of any right under the Consumer Credit Protection Act (creditor must state reasons for denial of credit). The act applies to all who regularly extend or arrange for the extension of credit. A real estate licensee is considered a creditor if the licensee routinely assists sellers in determining whether a proposed buyer in a land contract or purchase-money mortgage is creditworthy.
Equal Credit Opportunity Act—Full Text

Equal Credit Opportunity Act (Ecoa) (Refinance)

Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, marital status or receipt of income from public assistance programs.

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