Equal Credit Opportunity Act of 1974 Flashcards

1
Q
ECOA = Equal Credit Opportunity Act 1974 can not discriminate on 
A Marital Status
B Age
C Public Assistance
D All of the above
A

D All of the above

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2
Q

Community Reinvestment ACT CRA:

A Established in 1977
B Applies to lenders
C. Must lend in their own community
D all of the above

A

D all of the above

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3
Q

True or False Community Reinvestment ACT CRA of 1977 stopped the practice of redlining.

A

True

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4
Q

3 Cannons of Professional Ethics

A Fidelity
B Integrity
C Competence
D All of the above

A

D All of the above

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