Finance
The Equal Credit Opportunity Act (ECOA) prohibits lenders from discriminating against loan applicants based on:
APoor credit history
BRace, color, religion, national origin, sex, marital status, age, or receipt of public assistance✓ Correct
CInsufficient income to service the debt
DLack of collateral
Explanation
ECOA prohibits credit discrimination based on race, color, religion, national origin, sex, marital status, age (if of legal age), or because the applicant receives public assistance income.
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