What of the following is NOT a requirement under the Equal Credit Opportunity Act?
A) No creditor can discriminate on the basis of race, color, religion, national origin, sex, marital status, or age
B) No creditor can retain a record of a credit application
C) All creditors must notify applicants of any actions they take on any applications
D) All creditors must supply applicants with a copy of any appraisal report that is used for a credit transaction
Correct Answer:
Verified
Q20: Which of the following is NOT grounds
Q21: If the DEC determines that suspension is
Q22: When the CFP Board Counsel receives information
Q23: Which of the following is NOT one
Q24: When Congress passes a law that affects
Q26: Under the Home Mortgage Disclosure Act, financial
Q27: Which regulation requires anyone initiating a debit
Q28: What financial regulatory agency oversees firms that
Q29: What does the Truth in Lending regulation
Q30: What agency is responsible for ensuring that
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents