Prohibition Against Discrimination. It is the policy of Diamond Resorts to review each loan on a case-by-case basis, to determine the creditworthiness of the applicant. In evaluating a credit application, DRFS will review and consider information that has a demonstrable relationship to the credit decision. The company shall not take into account or discriminate against any applicant on a prohibited basis, including discrimination: a. on the basis of race, color, religion, national origin, sex or marital status, or age (provided the applicant has the capacity to contract); b. because all or part of the applicant’s income derives from any public assistance program; or c. because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or any state law upon which an exemption has been granted under said Act.
Appears in 4 contracts
Samples: Purchase Agreement (Diamond Resorts Corp), Sale Agreement (Diamond Resorts Corp), Sale Agreement (Diamond Resorts Parent, LLC)
Prohibition Against Discrimination. It is the policy of Diamond Resorts to review each loan on a case-by-case basis, to determine the creditworthiness of the applicant. In evaluating a credit application, DRFS will review and consider information that has a demonstrable relationship to the credit decision. The company shall not take into account or discriminate against any applicant on a prohibited basis, including discrimination:
a. on the basis of race, color, religion, national origin, sex or marital status, or age (provided the applicant has the capacity to contract);
b. because all or part of the applicant’s 's income derives from any public assistance program; or
c. because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or any state law upon which an exemption has been granted under said Act.
Appears in 2 contracts
Samples: Purchase Agreement (Diamond Resorts Corp), Sale Agreement (Diamond Resorts Corp)
Prohibition Against Discrimination. It is the policy of Diamond Resorts to review each loan on a case-by-case basis, to determine the creditworthiness of the applicant. In evaluating a credit application, DRFS will review and consider information that has a demonstrable relationship to the credit decision. The company shall not take into account or discriminate against any applicant on a prohibited basis, including discrimination:
a. a) on the basis of race, color, religion, national origin, sex or marital status, or age (provided the applicant has the capacity to contract);
b. b) because all or part of the applicant’s income derives from any public assistance program; or
c. c) because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or any state law upon which an exemption has been granted under said Act.
Appears in 2 contracts
Samples: Loan Sale and Servicing Agreement (Diamond Resorts Parent, LLC), Loan Sale and Servicing Agreement (Diamond Resorts Parent, LLC)
Prohibition Against Discrimination. It is the policy of Diamond Resorts to review each loan on a case-by-case basis, to determine the creditworthiness of the applicant. In evaluating a credit application, DRFS will review and consider information that has a demonstrable relationship to the credit decision. The company shall not take into account or discriminate against any applicant on a prohibited basis, including discrimination:
a. on the basis of race, color, religion, national origin, sex or marital status, or age (provided the applicant has the capacity to contract);
b. because all or part of the applicant’s 's income derives from any public assistance program; or
c. because the applicant has in good faith exercised any right under the Consumer Credit Protection Act or any state law upon which an exemption has been granted under said Act.. EXHIBIT D (Underwriting Guidelines), Page 1
Appears in 1 contract
Samples: Loan Sale and Servicing Agreement (Diamond Resorts Corp)