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The first feminist credit union, which is also the oldest women's financial organization, was founded in Detroit, Michigan on August 26, 1973, which is the anniversary of Women's Suffrage. [3] The Detroit FFCU was co-founded by Valerie Angers and Joanna Parrent , who were feminists that sought to create a service for women and controlled by ...
Key takeaways. Women and minorities faced credit discrimination for decades. The Equal Credit Opportunity Act of 1974 made it easier for both groups to obtain credit cards and loans.
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 ...
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GOBankingRates' Best Credit Cards for 2023. If Your Credit Score is Under 740, Make These 4 Moves Now. 4 Ways Women Can Prepare Their Finances for Unexpected Life-Changing Events.
The best business credit cards also let you earn perks and rewards. Many cards give you 1 percent to 5 percent cash back from purchases, while others let you earn points you can redeem for travel.
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