Which of the following is a prohibited basis under the Equal Credit Opportunity Act:
A) race
B) sex
C) age
D) religion
E) all of the other specific choices are correct

Question

Quizplus · Accepted Answer

The Equal Credit Opportunity Act prohibits discrimination against any applicant on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract), the fact that all or part of the applicant's income derives from a public assistance program, or the fact that the applicant has in good faith exercised any right under the Consumer Credit Protection Act. Therefore, all of the other specific choices (race, sex, age, and religion) are prohibited bases under the ECOA.

Which of the Following Is a Prohibited Basis Under the Equal