Equal Credit Opportunity Act
GPTKB entity
Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:United_States_federal_law
|
| gptkbp:allows |
discrimination based on race
discrimination based on age discrimination based on color discrimination based on national origin discrimination based on religion discrimination based on sex discrimination based on marital status discrimination based on receipt of public assistance |
| gptkbp:amends |
gptkb:Equal_Credit_Opportunity_Act_Amendments_of_1988
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act gptkb:Equal_Credit_Opportunity_Act_Amendments_of_1976 gptkb:Consumer_Credit_Protection_Act |
| gptkbp:appliesTo |
credit cards
personal loans business loans mortgages creditors |
| gptkbp:effectiveDate |
October 28, 1974
|
| gptkbp:enactedBy |
gptkb:United_States_Congress
|
| gptkbp:enforces |
gptkb:Consumer_Financial_Protection_Bureau
|
| gptkbp:hasImpactOn |
consumer protection
credit scoring credit availability lending practices |
| https://www.w3.org/2000/01/rdf-schema#label |
Equal Credit Opportunity Act
|
| gptkbp:influencedBy |
civil rights movement
|
| gptkbp:isCitedIn |
financial regulations
legislative debates legal cases regarding discrimination consumer advocacy discussions credit industry standards |
| gptkbp:isLocatedIn |
gptkb:Department_of_Justice
gptkb:Federal_Reserve_Board gptkb:Federal_Trade_Commission |
| gptkbp:isPartOf |
Consumer_Credit_Protection_legislation
|
| gptkbp:isSubjectTo |
regulatory oversight
|
| gptkbp:promotes |
fair lending practices
|
| gptkbp:provides |
right to sue for damages
equal access to credit |
| gptkbp:purpose |
prohibit discrimination in credit transactions
|
| gptkbp:relatedTo |
Fair Credit Reporting Act
Truth in Lending Act Fair Housing Act |
| gptkbp:requires |
creditors to notify applicants of action taken
record keeping of credit applications creditors to provide reasons for denial of credit |
| gptkbp:signature |
gptkb:Lyndon_B._Johnson
|
| gptkbp:supports |
economic equality
|