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Reg. B Section 202.5 of the Equal Credit Opportunity Act states that you cannot discourage an application for the following reasons?
Wiki User
∙ 13y ago
Regulation B, Section 202.5, subsection (b) of the Equal Credit Opportunity Act states the following
"b) Limitation on information about race, color, religion, national origin, or sex. A creditor shall not inquire about the race, color, religion, national origin, or sex of an applicant or any other person in connection with a credit transaction, except as provided in paragraphs (b)(1) and (b)(2) of this section."
Wiki User
∙ 13y ago
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