Asked by bob
In previous eras, it was almost impossible for women and minorities in the United States to get loans from banks and other financial institutions. Which of these was created to help eliminate this discrimination?
(1 point)
Internal Revenue Service (IRS)
Fair Credit Reporting Act (FCA)
Factual Credit Reward Act (FCRA)
Equal Credit Opportunity Act (ECOA)
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All Answers 1
Answered by
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Equal Credit Opportunity Act (ECOA)
It was passed to prohibit lenders from discriminating on the basis of race, color, religion, national origin, sex, marital status, age, or because someone gets public assistance.
It was passed to prohibit lenders from discriminating on the basis of race, color, religion, national origin, sex, marital status, age, or because someone gets public assistance.
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