Under the Equal Credit Opportunity Act, creditors may not deny credit on the basis that the applicant receives public assistance benefits.

Name: Under the Equal Credit Opportunity Act, creditors may not deny credit on the basis that the applicant receives public assistance benefits.
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

The Equal Credit Opportunity Act prohibits creditors from denying credit on the basis of whether the applicant receives public assistance benefits.

Under the Equal Credit Opportunity Act, Creditors May Not Deny