Topic : Loan Basics

Fair Lending. Fair Credit. Fair Isaac?

by Sharon Hassler, president, Go Get Experts, LLC

What Is “Fair Lending”? The Equal Credit Opportunity Act ensures “Fair Lending” practices in that all consumers are given an equal chance to obtain credit. This act prohibits lenders from discriminating against applicants during the application or approval processes on the basis of race, color, religion, national origin, age, sex, marital status, public assistance, […]