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What law made illegal creditors to deny credit on the basis of marital status?
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The equal credit opportunity act of 1974 made it illegal to deny credit to someone because of what?
The Equal Credit Opportunity Act of 1974 made it illegal to deny credit to someone because of their race, color, religion, national origin, sex, marital status, age, or reliance on public assistance. This act aimed to prevent discrimination in access to credit and financial services.
What types of discrimination are unlawful in granting or denying credit?
Unlawful discrimination in granting or denying credit includes discrimination based on race, color, religion, national origin, sex, marital status, age, or receipt of public assistance. Lenders are also prohibited from discriminating based on factors such as gender identity, sexual orientation, or disability.
When was the Equal Opportunity Credit Act established?
The Equal Credit Opportunity Act was established in 1974. It prevents lenders from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or receipt of public assistance.
Is it illegal to declare yourself as single even though you are married?
Yes, it is considered illegal to declare yourself as single when you are legally married. This could be seen as committing fraud or misrepresenting your marital status, which can have legal consequences. It is important to always provide accurate information, especially on official documents.
How does the equal credit opportunity act guarantee fairness?
The Equal Credit Opportunity Act ensures fairness by prohibiting lenders from discriminating against applicants based on factors such as race, color, religion, national origin, sex, marital status, age, or receiving public assistance. This helps to provide all individuals with an equal opportunity to access credit and loans.
It is legal for a creditor to deny an applicant credit based on marital status or age?
is it legal for a creditor to deny credit based on age or marital status
Is it illegal to rent out a house based on marital status?
Yes, it is!
Why did the equal credit opportunity act become necessary?
To keep creditors from discriminating against consumers based upon their gender, race, religion, national origin, marital status, age or source of income.
Arnold Palmer marital status?
palmer marital status
What was Amalie Emmy Noether's marital and family status?
marital and family status
Is marital status nominal data?
Yes, marital status is nominal data.
What is the function of the Equal Credit Opportunity Act?
The Equal Credit Opportunity Act prohibits discrimination in credit transactions on the basis of marital status, race, sex, and so forth.
Is marital status a nominal data?
Yes, marital status is nominal data.
Why does an individual's marital status has an effect on disease?
Why an individual's marital status has an effect on disease
How does marital status shape political opinions?
by showing that marital status has not much but something to do with the government.
How does marital status shape Americans' political opinions?
by showing that marital status has not much but something to do with the government.
Is it illegal to watch babies being delivered?
Yes. Except for anyone of marital status to the woman/man having the baby come out of their womb. Anyone not of said status will be tried and prosecuted.
