The Equal Credit Opportunity Act (ECOA) prohibits lenders from discriminating against credit applicants based on which of the following?
Correct Answer
B) Race, color, religion, national origin, sex, marital status, age, or receipt of public assistance
ECOA prohibits credit discrimination based on race, color, religion, national origin, sex, marital status, age, or receipt of public assistance income. Lenders may still consider legitimate financial factors such as credit history and income when evaluating applications.
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