Consumer Finance Corporation (CFC)extends credit to consumers. CFC applies several criteria to decide customers' "suitability" for credit. Under the Equal Credit Opportunity Act, CFC cannot base its decision on a customer's

Question

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The Equal Credit Opportunity Act prohibits discrimination based on race, color, religion, national origin, sex, marital status, age, or because someone receives public assistance. Therefore, CFC cannot base its decision on a customer's race.

Consumer Finance Corporation (CFC)extends Credit to Consumers