0
it doesn't
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
When was the Equal Opportunity Credit Act established?
The Equal Credit Opportunity Act was established in 1974. It prevents lenders from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or receipt of public assistance.
The equal credit opportunity act of 1974 made it illegal to deny credit to someone because of what?
race
What types of discrimination are unlawful in granting or denying credit?
The Equal Credit Opportunity Act prohibits a creditor from discrimination in granting or denying credit. Discrimination is unlawful based on race or color, national origin, sex, marital status, age, religion, or public assistance status.
What DOES fundemental fairness MEAN?
Every mentally competent human on the planet instinctively knows what fundamental fairness is. It is the opposite of what you think/feel when you are being treated unfairly. Legally, it means that the law must be applied as equally and intelligently as possible to all persons who come before it, as equality and even-handed treatment equal fundamental fairness.
What do the scales of justice represent?
The scales of justice represent fairness. A scale was used to show that each side has an equal chance to state present their case.
When was the Equal Opportunity Credit Act established?
The Equal Credit Opportunity Act was established in 1974. It prevents lenders from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or receipt of public assistance.
What is the function of the Equal Credit Opportunity Act?
The Equal Credit Opportunity Act prohibits discrimination in credit transactions on the basis of marital status, race, sex, and so forth.
Which of these protects you when applying to receive credit?
Equal Credit Opportunity Act
What do the letters ECOA stand for?
Equal Credit Opportunity Act Equal Credit Opportunity Act Enemy Courses of Action The Equipment Company Of America E-mail Change Of Address
Under the equal credit opportunity act what do you not have the right to do?
Refuse to pay credit card payment.
What do you not have the right to do under the Equal Credit Opportunity Act?
Refuse to pay credit card payment.
Have any big named banks been sued under the equal credit opportunity act?
Have any big named banks been sued under the equal credit opportunity act?
The equal credit opportunity act of 1974 made it illegal to deny credit to someone because of what?
race
What is the purpose of equal credit opportunity act?
kuttar baiccha boga kha
Why must you sign an Equal credit opportunity act notice?
ask cuoid dud
Three laws created by the Federal Reserve System include?
-equal opportunities -equal credit opportunity -truth in lending
What is equality and equal?
equality is the adjective and equal is noun.
