Search results
Results From The WOW.Com Content Network
The Equal Credit Opportunity Act (ECOA) is a United States law (codified at 15 U.S.C. § 1691 et seq.), enacted October 28, 1974, [1] that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to ...
The Equal Credit Opportunity Act (ECOA) is a United States law (codified at 15 U.S.C. § 1691 et seq.), enacted 28 October 1974, [3] that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of (among other things) age, provided the applicant has the capacity to contract.
The Bank Secrecy Act of 1970 (BSA), also known as the Currency and Foreign Transactions Reporting Act, is a U.S. law requiring financial institutions in the United States to assist U.S. government agencies in detecting and preventing money laundering. [2] Specifically, the act requires financial institutions to keep records of cash purchases of ...
Legal Rights: Lenders are required by law to provide information on the borrower’s rights under the Fair Credit Reporting Act (FCRA) and the Equal Credit Opportunity Act (ECOA). This includes ...
Key takeaways. There are several alternatives to LLC loans from traditional lenders, including business lines of credit, business grants and peer-to-peer lending. Some alternatives like merchant ...
Mortgage discrimination or mortgage lending discrimination is the practice of banks, governments or other lending institutions denying loans to one or more groups of people primarily on the basis of race, ethnic origin, sex or religion. Instances of mortgage discrimination occurred in United States inner city neighborhoods from the 1930s and ...
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
European Component Oriented Architecture. European Component Oriented Architecture (ECOA) is an open specification for a software framework for mission system software comprising components that are both real-time and service-oriented. ECOA is managed by the French Direction générale de l'armement and the UK Ministry of Defence (through the ...