Fair Housing
Under ECOA, within how many days must a creditor notify an applicant of a credit decision?
A15 days
B30 days✓ Correct
C45 days
D60 days
Explanation
ECOA requires creditors to notify applicants of credit decisions (approval, denial, or counteroffer) within 30 days of receiving a completed application.
Related Louisiana Fair Housing Questions
- Under Louisiana fair housing law, advertising a property as being in a 'good Christian neighborhood' would most likely violate protections based on:
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