The Equal Credit Opportunity Act Guides

Equal Credit Opportunity Act

Equal Credit Opportunity Act

The Equal Credit Opportunity Act is a United States law which makes it unlawful for any lender to discriminate against any applicant due to race, sex, religion, ethnicity, color, national origin, marital status or age (unless the applicant is a minor). The Act was brought into force in 1976 and applies to any person or entity engaged in credit decisions including banks, credit unions, finance companies, bankcard companies, and retailers.

Improving Your Credit Report

The credit report may contain inaccuracies and discrepancies and these have to be corrected in or…

Credit Report Basics

A credit report is nothing but a detailed and accurate account of the financial history (especial…

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