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In the United States, it is illegal to deny credit based solely on age due to the Age Discrimination in Employment Act (ADEA) and similar state laws, which protect individuals from discrimination based on age in credit and lending practices. However, lenders can consider age-related factors in assessing creditworthiness, such as income stability or credit history. It's important for lenders to ensure that their criteria do not disproportionately affect older individuals. Always check local regulations, as laws may vary by jurisdiction.
What else can I help you with?
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
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.
It is legal for a creditor to deny an applicant credit based on martial status or age?
Yes
Can employers deny employment to a legal Resident in New York?
No one is obligated to provide someone a job, whether they are a legal resident or not. However, it is not legal in New York to decide not to employ someone because of their race, country of origin, religion, sexual preference, or marital status.
How do you check if i am blacklisted?
when they deny you credit
Can a credit card company deny you purchases if someone else at your address is delinquent with the same company?
It depends on the terms and conditions of the credit card company. Ask them to send you a copy if you do not have the one that came with your credit card.
Which of the following can be a reason for a lender to deny credit?
negative information in your credit report
Should you say yes or no when asked have you ever been convicted of a felony on a rental application?
Yes it is legal. Just like it is legal for an employer to deny employment because of past convictions.
Can a creditor like Citibank keep records of a discharged bankruptcy from twelve years ago in their files and deny you credit based upon that information?
Yes. Any financial institution can deny credit for any reasons that meet their lending criteria. The fact that the BK is removed (or should be) from a credit report after the required amount of time does not impose a legal obligation upon any lender to issue credit to any person.
Why would a man deny he loves someone?
Because either he doesn't or hes scared to love her
Can a car dealership deny you after bankruptcy?
Yes, absolutely. They can and they most likely will deny you credit. However if you are paying in full and not applying for finance there would be no reason to deny you.
Are sloths legal to own in Massachusetts?
Yes, having a sloth is completly legal anywhwere in the world. just hide it in your basement and if cops ask deny, deny, deny. now go buy yourself a sloth :)
