FEDERAL LAW · PRE-VERIFIED
ECOA — Equal Credit Opportunity and Discrimination
Equal Credit Opportunity Act · 15 U.S.C. § 1691 et seq.
✓ VERIFIED
It is illegal for a lender to discriminate in credit decisions based on race, sex, religion, national origin, marital status, age, or public assistance status. If denied, you have a legal right to written reasons within 30 days.
Primary Statute
Equal Credit Opportunity Act
15 U.S.C. § 1691 et seq.
The ECOA prohibits discrimination in any aspect of a credit transaction on the basis of race, color, religion, national origin, sex, marital status, age, or receipt of public assistance. Creditors must give applicants specific written reasons for adverse credit actions within 30 days.
https://www.consumerfinance.gov/rules-policy/regulations/1002/