Đạo đứcCâu 297 / 400
A loan officer discourages a qualified applicant from applying after learning the applicant is 68 years old, saying 'a loan probably isn't right for someone your age.' This is:
a.Permissible, because age affects repayment risk
b.Permissible, if the officer is polite
c.Only a customer-service issue, not a legal one
d.Prohibited discouragement on the basis of age under ECOA
Giải thích
Actively discouraging a qualified applicant from applying because of age is prohibited discrimination under ECOA, which forbids discouragement on any prohibited basis. Age may not be used to deter a qualified applicant, courtesy does not cure the violation, and it is a legal violation, not merely a service lapse.
Trích dẫn luật: ECOA / Regulation BLuyện miễn phí toàn bộ 400 câu hỏi — không cần đăng ký.
Câu hỏi liên quan cùng chủ đề
- Which of the following is NOT a prohibited basis for discrimination under the Equal Credit Opportunity Act (ECOA)?
- A creditworthy single woman is told she must have a male cosigner even though her income and credit qualify her on her own. This most likely violates ECOA on the basis of:
- Under ECOA, when a lender takes adverse action on an application, the applicant is generally entitled to:
- Which characteristic is a protected class under the federal Fair Housing Act that is NOT expressly listed in ECOA?
- A family with three young children is told an apartment complex is 'really better suited for adults.' This most likely violates the Fair Housing Act's protection for:
- The practice of denying or restricting mortgage credit to entire neighborhoods based on their racial or ethnic composition, regardless of individual applicants' qualifications, is called:
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