Equal Credit Opportunity Act Sample Clauses

Equal Credit Opportunity Act. If the Guarantor is not an “applicant for credit” under Section 202.2 (e) of the Equal Credit Opportunity Act of 1974 (“ECOA”), the Guarantor acknowledges that (i) this Guaranty has been executed to provide credit support for the Obligations, and (ii) the Guarantor was not required to execute this Guaranty in violation of Section 202.7(d) of the ECOA.
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Equal Credit Opportunity Act. The Allocatee shall provide its products and services in a manner that is consistent with the Equal Credit Opportunity Act (15 U.S.C. § 1691), to the extent that the Allocatee is subject to the requirements of such Act.
Equal Credit Opportunity Act. In accordance with Title V of Public Law 93-495, the Equal Credit Opportunity Act, with respect to any aspect of a credit transaction, neither the Lender nor the USDA will discriminate against any applicant on the basis of race, color, religion, national origin, sex, marital status or age (providing the applicant has the capacity to contract), or because all or part of the applicant’s income derives from a public assistance program, or because the applicant has, in good faith, exercised any right under the Consumer Protection Act. If applicable to the Loan, the Lender will comply with the requirements of the Equal Credit Opportunity Act as contained in the Federal Reserve Board’s Regulation implementing that Act (see 12 CFR part 202). Such compliance will be accomplished prior to loan closing.
Equal Credit Opportunity Act. The Recipient shall provide its products and services in a manner that is consistent with the Equal Credit Opportunity Act (ECOA; 15 U.S.C. § 1691 et seq), to the extent that the Recipient is subject to the requirements of ECOA. Provided however, pursuant to Section 523(d) of the Authorizing Statute, (1) a Recipient subject to the requirements of ECOA may collect data described in section 701(a)(1) of ECOA (15 U.S.C. §1691(a)(1)) from borrowers and applicants for credit for the sole purpose and exclusive use to ensure that Targeted Populations and Low-Income residents of Investment Areas are adequately served; and (2) Recipients that collect the data described in (1) shall not be subject to adverse action related to that collection by the Bureau of Consumer Financial Protection or any other Federal agency.
Equal Credit Opportunity Act. The Recipient shall provide its products and services in a manner that is consistent with the Equal Credit Opportunity Act (15 U.S.C. § 1691), to the extent that the Recipient is subject to the requirements of ECOA.
Equal Credit Opportunity Act. We are in compliance with the Equal Credit Opportunity Act and do not discriminate with respect to the extension of credit against an applicant on the basis of sex, race, color, creed, national origin, age or marital status.
Equal Credit Opportunity Act. The Federal Equal Credit Opportunity Act and similar state laws prohibit creditors from discriminating against credit applicant on the basis of race, color, religion, national origin, sex, sexual orientation, marital status, familial status, age, because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency that administers compliance with this law is the Federal Trade Commission, Equal Credit Opportunity, Washington, D.C. 20580.
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Equal Credit Opportunity Act. 1 This Act (Title VII of the Consumer Credit Protection Act) prohibits discrimination on the basis of race, color, religion, national origin, sex, marital status, age, receipt of public assistance, or good faith exercise of any rights under the Consumer Credit Protection Act. The Act also requires creditors to provide applicants, upon request, with the reasons underlying decisions to deny credit. The Xxxx- Xxxxx Act added, among other things, a requirement that creditors provide to applicants a copy of all appraisals and other written valuations used in connection with the applicant’s application for first lien loans secured by a dwelling.
Equal Credit Opportunity Act. Origination Observe the non-financial requirements for the Receivable in Ford Credit’s receivables systems and confirm any comments do not conflict with the prohibited practices described in the applicable Ford Credit procedure. Test 3.3(h) — 10: State Disclosures; Contract Form Observe the Contract and confirm it was completed electronically or, if Representation and Warranty (Section references are to the Receivables Purchase Agreement) Tests
Equal Credit Opportunity Act. Notice (Regulation B) The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the Applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The federal agency, which administers compliance with this law concerning Xxxxx Fargo Bank, N.A. is the Consumer Financial Protection Bureau (CFPB), 0000 X Xxxxxx XX., Xxxxxxxxxx, XX 00000. xxxx://xxx.xxxxxxxxxxxxxxx.xxx.
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