Finance
The Equal Credit Opportunity Act (ECOA) prohibits lenders from discriminating against borrowers based on:
ACredit score and income
BRace, color, religion, national origin, sex, marital status, age, and receipt of public assistance✓ Correct
CDown payment amount
DLoan size and property type
Explanation
ECOA (Regulation B) prohibits creditors from discriminating in any aspect of a credit transaction based on race, color, religion, national origin, sex, marital status, age, or receipt of public assistance. It applies to all creditors who regularly extend credit.
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