You remain a consumer with rights even as you apply for a loan of any type. No lender can discriminate against you; your rights are protected. There are existing federal laws that aim to provide you with lender discrimination protection so you do not fall prey to the unscrupulous practices of some lenders. The Equal [...]
Entries Tagged as 'ECOA'
Lender Discrimination Protection: Know Your Rights as a Consumer
September 8th, 2009 · No Comments · Banking, Mortgages, Student Loans
Tags: appraisal·consumer·denied·discrimination·ECOA·FHA loans·lender·Loan Application·rights
Are you a Victim of Credit Discrimination?
April 22nd, 2009 · No Comments · Banking, Consumer Debt, Consumer Info, Credit Cards, Credit Reports
The term “discrimination” has a lengthy history in America, and likely conjures up negative emotions for nearly all of us. Whether we combine discrimination with the term racial, age, or credit– this type of treatment is not only unfortunate, it is against the law.
So what information is considered lawful for a creditor to utilize when [...]
Tags: apply for credit·credit·credit discrimination·credit rights·ECOA·Equal Credit Opportunity Act·violate credit laws
