Equal Credit Opportunity Act

The purpose of the Equal Credit Opportunity Act is to promote the availability of credit to all creditworthy applicants without regard to race, color, national origin, sex, marital status, or age. This lesson is designed to teach you the legitimate business factors that can be the basis for extending or not extending credit to a particular customer.

Topics
  • Purpose of the Act

  • Other Implications of the Act

  • Applicant Rights

  • Creditor Rights

  • Applicant Notifications

Features
  • Deployable online with Mosaic's LMS

  • Track and retain employee completions

  • SCORM Compliant version available

  • Text summary

  • English closed captions

Lesson Stats

Video Length

7:14

Units

4

Quiz Questions

6

Estimated Time

to Complete

9 minutes