The Equal Credit Opportunity Act prohibits a creditor from discrimination in granting or denying credit. Discrimination is unlawful based on race or color, national origin, sex, marital status, age, religion, or public assistance status.
Yes. Unless it can be proved to be erroneous or misleading in content.
A credit report is simply an information company's product. They make reports n items of public record - like a judgment - and for information the service users agree to share - to it's members for a fee. The reports can be purchased with almots any time frame or parameters you want. Judgements are exceptionally relevant to anyone granting credit.
Age in general is a protected class without regard to specific ages (for legal adults). The protection was granted in part because of discrimination that was occurring against seniors. Seniors are the most targeted group and therefore benefit the most from the protection of the law. However, anyone who experiences age discrimination has legal recourse if the law has been violated. Minors are another matter. Due to state and/or federal laws minor's may not be allowed to be bound by or enter into contracts or be held liable for debts. Therefore they generally do not have credit and usually can not obtain loans or other financing.
Much like if you had not dropped out, your formal graduation date (on your transcript) would most likely be the date on which your last required credit was awarded by the diploma granting organisation.
Your credit score is determined from the data on your credit report. Most credit reporting sites sell or give away for free a credit score with your credit report. Some site only give away a credit score. So, the answer to your question is, yes, your score generally comes with your credit report but it is not always included.
credit department handles the credit granting, credit collection and credit limits of their applicants
Granting credit typically depends upon three factors: character of the borrower, capacity to repay, and capital used as collateral
Yes
commercial law
Thermos
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The Equal Credit Opportunity Act (ECOA) defines the reasons that are unacceptable for denying credit including the following: * Race * Color * Religion * National Origin * Sex * Marital Status * Age * Public Assistance Status * Age (must be over 18) Some acceptable reasons for denying credit include the following: * Poor credit history/score * Income is too low to service loan (after required spend) * Too many recent inquiries for credit * Debt load is already too high to acknowledge risk * Not enough of a credit history * etc.
The use of a deceased person's credit card would constitute credit card fraud. Unlawful use of a credit card is a criminal offense.
You are correct that banks often check your credit score before granting a loan. There are many companies that offer your credit score including http://www.myfreecreditreport.com
Credit reporting agencies keep files of information on all consumers who have made credit transactions at some point in their lives. Credit granting institutions may purchase these files
Yes. Unless it can be proved to be erroneous or misleading in content.
No.No.No.No.