If you are searching for the meaning of the Equal Credit Opportunity Act in real estate and also a definition of the Equal Credit Opportunity Act, then this blog post is helpful for you.
Definition
The 1974 federal law (Title VII of the Consumer Credit Protection Act) which requires fairness and
impartiality without discrimination on the basis of race, colour, religion, national origin, sex or
marital status, or receipt of income from public assistance programs in the extension of credit, and
good faith exercises of any right under the Consumer Credit Protection Act (e.g. the creditor must
state reasons for denial of credit).
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