Finance
In South Dakota, the 'equal credit opportunity' requirement means lenders must:
AApprove all loan applications regardless of creditworthiness
BNot discriminate in lending based on race, color, religion, national origin, sex, marital status, age, or public assistance income✓ Correct
COffer the same interest rate to all applicants
DProvide loans to all South Dakota residents on demand
Explanation
The Equal Credit Opportunity Act (ECOA) prohibits lenders from discriminating based on protected characteristics. Creditworthiness factors (income, credit score, employment) remain legitimate considerations.
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