ECOA
E319786
ECOA is a U.S. federal law that prohibits discrimination in credit transactions based on characteristics such as race, sex, marital status, religion, national origin, age, or receipt of public assistance.
All labels observed (1)
| Label | Occurrences |
|---|---|
| ECOA canonical | 1 |
Statements (34)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal law
ⓘ
anti-discrimination law ⓘ |
| allows | civil liability for violations ⓘ |
| appliesTo |
credit applicants
ⓘ
creditors ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| covers |
auto lending
ⓘ
credit cards ⓘ mortgage lending ⓘ small business credit ⓘ |
| enforcedBy |
Consumer Financial Protection Bureau
ⓘ
Federal Trade Commission ⓘ federal banking agencies ⓘ |
| fullName | Equal Credit Opportunity Act ⓘ |
| implementedByRegulation | Regulation B ⓘ |
| jurisdiction | federal ⓘ |
| legalArea |
civil rights law
ⓘ
financial regulation ⓘ |
| prohibitsDiscriminationBasedOn |
age
ⓘ
color ⓘ exercise of rights under the Consumer Credit Protection Act ⓘ marital status ⓘ national origin ⓘ race ⓘ receipt of public assistance income ⓘ religion ⓘ sex ⓘ |
| protects | applicants for credit ⓘ |
| purpose | to prohibit discrimination in credit transactions ⓘ |
| regulates | credit transactions ⓘ |
| requires |
notice of adverse action to credit applicants
ⓘ
record retention by creditors ⓘ |
| sector |
commercial credit
ⓘ
consumer credit ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.