Only if private remedies fail for violations of the Equal Credit Opportunity Act (ECOA),can the government bring suit to enjoin violations of the ECOA.

Question

Quizplus · Accepted Answer

In addition to private remedies, the government may bring suit to enjoin violations of the Equal Credit Opportunity Act (ECOA) and to assess civil penalties. The ECOA has both private remedies that consumers can pursue as well as public enforcement by such agencies as the Federal Trade Commission, the Department of Justice, the Department of Housing and Urban Development, and the Consumer Financial Protection Bureau.

Only If Private Remedies Fail for Violations of the Equal