Credit can be denied on the basis of marital status.

Name: Credit can be denied on the basis of marital status.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

Credit cannot be denied on the basis of marital status as it is a prohibited basis for discrimination under the Equal Credit Opportunity Act (ECOA). Lenders cannot discriminate on the bases of race, color, religion, national origin, sex, marital status, age, or receipt of income from public assistance programs.

Credit Can Be Denied on the Basis of Marital Status