3.13- What is the Equal Credit Opportunity Act (ECOA), 12 CFR Part 1002 (Regulation B)?

The Equal Credit Opportunity Act prohibits discrimination on the basis of race, color, gender, national origin, ethnicity, receipt of public assistance, age, marital status.

Under the Act, it is illegal for an employer to discriminate against a job applicant based upon religion, color, race, sex (including sexual orientation, pregnancy, gender identity, pregnancy) national origin or age and disability.