Under the Equal Credit Opportunity Act, a creditor is permitted to:
A) request any information they think necessary to make a decision about a credit applicant
B) discriminate against an applicant based on marital status
C) not count welfare benefits as income since they may end at any time
D) ask questions about applicant's plans to have children in order to calculate impact on future income
E) none of the other choices

Question

Quizplus · Accepted Answer

The Equal Credit Opportunity Act prohibits discrimination based on marital status, ensures that welfare benefits are counted as income, and forbids questions about plans to have children, making all other options incorrect practices under the act.

Under the Equal Credit Opportunity Act, a Creditor Is Permitted