The equal credit opportunity act (ECOA) prohibits discrimination in credit transactions on the basis of sex, marital status, religion, race, color, national origin, age, or the applicant’s receiving public assistance. In company ace, assigning a credit score utilizes a system that, as one factor, considers the applicants home zip code. If residing in a more affluent neighborhood than those residing in less affluent areas with higher minority population. Utilizing the criteria provided in the course syllabus and the discussion grading rubric, how might the store alter its procedures to fall within all legal and regulatory.

Answer rating: 100% (QA)

People utilize credit to recompense for a house a car education a remodeling job or for financing loans to keep their businesses operating The country... View the full answer