equal credit opportunity act
Equal Credit Opportunity Act. A federal statute that prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, age, sex, or marital status with respect to any aspect of a credit transaction.15 USCA §§ 1691 et seq. — Abbr. ECOA. [Cases: Consumer Credit 31. C.J.S. Interest and Usury; Consumer […]
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