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Nurin Hannah
on Oct 23, 2024

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Which of the following prevents creditors from discriminating against applicants on the basis of age, sex, race, religion, marital status, or income?

A) Fair Debt Collection Practices Act
B) Truth in Lending Act
C) Equal Credit Opportunity Act
D) Fair Credit Reporting Act
E) Telephone Consumer Protection Act

Equal Credit Opportunity Act

A United States federal law ensuring all consumers are given an equal chance to obtain credit, regardless of race, religion, national origin, sex, or marital status.

Discriminating

The act of making distinctions or differentiating between objects, subjects, or concepts.

Creditors

Individuals or institutions to whom money is owed by a debtor for provided goods or services, or as a result of a loan agreement.

  • Master the principal acts and codes of conduct that manage credit and debt collection.
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Daniel FeldblyumOct 27, 2024
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