Fighting discrimination in the credit marketplace
Equal access to credit based on non-discriminatory criteria is an essential component of economic opportunity and a fair marketplace. The Equal Credit Opportunity Act prohibits creditors from denying credit based on a host of discriminatory criteria, including race, religion, national origin, sex, marital status, age, etc. The FTC is one of the agencies authorized to enforce ECOA. The recent action against Bronx Honda – which the FTC says...