Finance
In South Dakota, the 'Equal Credit Opportunity Act' (ECOA) prohibits lenders from discriminating in credit decisions based on:
AThe borrower's financial inability to repay the loan
BRace, color, religion, national origin, sex, marital status, age, or receipt of public assistance✓ Correct
CThe property's location in a high-crime area
DThe borrower's employment in a high-risk industry
Explanation
ECOA prohibits credit discrimination based on race, color, religion, national origin, sex, marital status, age (if of legal age to contract), or receipt of public assistance. Lenders may still deny credit based on legitimate financial factors like income, credit history, and debt-to-income ratio.
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