English French German Italian Portuguese Russian Spanish

You are here

Home » Credit and Insurance » Sex In Credit/Insurance

Sex In Credit/Insurance

12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B)

12 CFR Part 1002 - Equal Credit Opportunity Act (Regulation B) | Consumer Financial Protection Bureau (consumerfinance.gov)

Credit transactions and aspects of credit transactions include:

  • Consumer credit
  • Business credit
  • Mortgage loans
  • Refinancing
  • Open-end credit
  • Credit applications
  • Standards of creditworthiness
  • Denial of credit
  • Servicing and collection
  • Revocation, alteration, or termination of credit

The regulation covers topics such as:

  • Discrimination
  • Discouragement
  • Notification of action taken (including adverse action)
  • Appraisal and other written valuations
  • Special purpose credit programs
  • Limitation on collection of certain protected information
  • Self-testing and self-correction
  • Evaluation of applications
  • Signature requirements
  • Mandatory information collection for monitoring purposes