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
LeAnne Hair Commented on August 24, 2023 I think question 204 has an incorrect solution. It should be D-Regulation E UNITED STATES
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
Lori Commented on July 20, 2017 I had a good result. Worth the money. UNITED STATES
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
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