Learn about the Equal Credit Opportunity Act (ECOA) and its impact on the financial industry. Discover how ECOA ensures equitable access to credit by prohibiting discrimination based on factors such as race, gender, or age, fostering transparency and fairness in lending practices.
Tag: ECOA
Credit Card Late Fees: Much Ado About Nothing, or a Bigger Social Issue?
The CFPB published a report on late fees derived from credit cards. There are few surprises. The short takeaway is ...
Men and Women and Credit Cards
Discrimination in lending isn’t just dumb. It is bad business. Fair lending has been the law of the land dating ...
Holy Algorithm: Apple Card Shines with NY Banking Examiner
Fair Lending, covered by Regulation B (also known as the Equal Credit Opportunity Act; ), is an essential facet of ...
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