____________________________ prohibits discrimination in the granting of credit on the basis of sex, marital status, race, color, religion, national origin, age, or receipt of public assistance.
A) Truth in Lending Act
B) Equal Credit Opportunity Act
C) Federal Trade Commission Improvement Act
D) Fair Credit Billing Act

Question

Quizplus · Accepted Answer

The Equal Credit Opportunity Act prohibits discrimination in the granting of credit on the basis of sex, marital status, race, color, religion, national origin, age, or receipt of public assistance. The Truth in Lending Act focuses on the disclosure of credit terms and costs to consumers. The Federal Trade Commission Improvement Act deals with the jurisdiction and powers of the Federal Trade Commission. The Fair Credit Billing Act establishes procedures for resolving billing errors on credit accounts.

____________________________ Prohibits Discrimination in the Granting of Credit on the Basis