Fair Housing

Which law prohibits discrimination in lending based on protected class characteristics?

AThe Truth in Lending Act
BThe Equal Credit Opportunity Act (ECOA)✓ Correct
CThe Community Reinvestment Act
DThe Real Estate Settlement Procedures Act

Explanation

The Equal Credit Opportunity Act (ECOA) prohibits lenders from discriminating in credit decisions based on race, color, religion, national origin, sex, marital status, age, or receipt of public assistance.

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