How does equal credit opportunity act reduce discrimination

Reference no: EM131314988

1. How does the Equal Credit Opportunity Act reduce discrimination?

2. List the essential information that a prospective borrower must provide in a residential loan application, and in a commercial loan.

3. Discuss "ability to repay" a loan as may be indicated by type of income and stability of income.

4. What are the major rights of borrowers as they relate to how their credit is reported, protected, and accessed?

Reference no: EM131314988

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