Equal Credit Opportunity Act (ECOA)/ Regulation B Flashcards
1
Q
What was the primary purpose of Reg B?
A
Preventing discrimination in credit transactions
2
Q
Reg B promotes __________ in lending.
A
fairness
Bank > Equal Credit Opportunity Act (ECOA)/ Regulation B > Flashcards
What was the primary purpose of Reg B?
Preventing discrimination in credit transactions
Reg B promotes __________ in lending.
fairness