Equal credit opportunity act (ECOA)

Equal credit opportunity act (ECOA)

U.S. federal law requiring that lenders afford people equal chance of getting credit without discrimination based on race, religion, age, sex etc

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Part of Speech: noun
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Industry/Domain: Real estate
Category: General
Company: Coldwell Banker
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equal credit opportunity act (ECOA)

Real estate; General

Is a federal law that requires lenders and other creditors to make credit equally available without discrimination based on race, color, religion, national origin, age, sex, ...

equal credit opportunity act (ECOA)

Real estate; General

U.S. federal law requiring that lenders afford people equal chance of getting credit without discrimination based on race, religion, age, sex etc

Equal Credit Opportunity Act (ECOA)

Banking; General banking

Prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or because an applicant ...

Equal Credit Opportunity Act (ECOA)

Banking; Personal banking

A Federal statute that makes it illegal for creditors to discriminate in any aspect of a credit transaction on the basis of sex, marital status, age, race, national origin, color, ...

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