The Equal Credit Opportunity Act prohibits which of the following?
A)Basing the credit decision on the receipt of public assistance income.
B)Basing the credit decision on a bankruptcy of five years ago.
C)Basing the credit decision on the fact that the applicant was in prison for a felony three years ago.
D)Basing the credit decision on unemployment.

Question

Quizplus · Accepted Answer

The Equal Credit Opportunity Act prohibits discrimination in credit decisions based on certain protected characteristics, including the receipt of public assistance income.

The Equal Credit Opportunity Act Prohibits Which of the Following