The Equal Credit Opportunity Act (ECOA) was enacted in 1974 to prevent discrimination in credit transactions. In 1975 the act was amended. Which of the following prohibited base/s are now included in it?
Answer(s): D
Securities credit covers credit subject to Section 7 of the Securities Exchange Act of 1934 or credit by a broker or dealer subject to regulation under the act. The following requirements of Regulation B do not apply EXCEPT:
Answer(s): B
Post your Comments and Discuss Banking CRCM exam with other Community members:
LeAnne Hair commented on August 24, 2023 #229 in incorrect - all the customers require an annual review UNITED STATES upvote
LeAnne Hair commented on August 24, 2023 I think question 204 has an incorrect solution. It should be D-Regulation E UNITED STATES upvote
Igor commented on April 10, 2020 Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it. BULGARIA upvote
Lori commented on July 20, 2017 I had a good result. Worth the money. UNITED STATES upvote
Chipps commented on July 20, 2017 Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass. UNITED STATES upvote
Our website is free, but we have to fight against bots and content theft. We're sorry for the inconvenience caused by these security measures. You can access the rest of the CRCM content, but please register or login to continue.